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Look at an 11-year bond with a 5% coupon, a 5.5% YTM, a current price of $959.54, and a duration of 7.7977. Determine the expected

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Look at an 11-year bond with a 5% coupon, a 5.5% YTM, a current price of $959.54, and a duration of 7.7977. Determine the expected change in price if interest rate increased by 150 basis points. (Looking at the change in price for Duration!) O -1.055 0 -106.38 O 853.15 0 7.3912

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