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Question 17 (1 point) A bond has a duration of 6.495 years and a YTM of 9%. What is the estimated price based on the

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Question 17 (1 point) A bond has a duration of 6.495 years and a YTM of 9%. What is the estimated price based on the duration of the bond, which currently sells for $1,096.77, if the market rate increases by 1.00%? None of the answers is correct $1,031 $1,059 $1,097 $1,136

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