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MULTIPLE CHOICE How much in par value of bond XYZ should be purchased so that the dollar duration of bond XYZ will be approximately the

MULTIPLE CHOICE

How much in par value of bond XYZ should be purchased so that the dollar duration of bond XYZ will be approximately the same as that for bond ABC?

A) $7,058,824

B) $7,350,000

C) $2,547,052

D) $4,625,781

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