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Mannheim Inc.'s 15-year bonds have 12 years remaining to maturity, and their duration is 8.66. You believe that market interest rates will climb 15 basis

Mannheim Inc.'s 15-year bonds have 12 years remaining to maturity, and their duration is 8.66. You believe that market interest rates will climb 15 basis points. What is the expected change in the prive of Mannheim's bonds if the market interest rates do in fact change?

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