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julie wells has found a treasury bond futures contract whose underlying's duration is 8.5 years and is currently selling for 97500. interest rates are currently

julie wells has found a treasury bond futures contract whose underlying's duration is 8.5 years and is currently selling for 97500. interest rates are currently 8% and are expected to rise by 1.5%. what is the expected change in the future contract's price for this change in interest rates?

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