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QUESTION 12 You own a bond that has a duration of 6 years, Interest rates are currently 7%. but you believe the Fed is about

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QUESTION 12 You own a bond that has a duration of 6 years, Interest rates are currently 7%. but you believe the Fed is about to incre Interest rates by 24 basis points (10.24). Uning Ducation Rule. Your predicted price change (NAP) on this bond is -5.61% -6.42% -1.35% -0.85%

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