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Miras portfolio includes a bond with the following characteristics: Current Value $127,325 Average historical return 5% Standard deviation 7% Current YTM 5% Duration 8 years

Miras portfolio includes a bond with the following characteristics:

Current Value $127,325

Average historical return 5%

Standard deviation 7%

Current YTM 5%

Duration 8 years

What would the new value be if interest rates increased to 6%?

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