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Problem 11 Intro A corporate bond with annual coupons has a duration of 5.2 years and a yield to maturity of 5% Part 1 Attempt

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Problem 11 Intro A corporate bond with annual coupons has a duration of 5.2 years and a yield to maturity of 5% Part 1 Attempt 1/18 for 10 pts. What is the relative change in the bond's price if yields increase by 40 basis points? Enter your answer with the percentage sign or as a decimal number. H+ decimals Submit

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