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If a bond has a duration of 4.5, estimate the price change of the bond if interest rates increase from 10% to 12%.
If a bond has a duration of 4.5, estimate the price change of the bond if interest rates increase from 10% to 12%.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
