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Question 17 (1 point) You own a bond that has a duration of 7 years. Interest rates are currently 8%, but you believe the Fed

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Question 17 (1 point) You own a bond that has a duration of 7 years. Interest rates are currently 8%, but you believe the Fed is about to increase interest rates by 35 basis points. Your predicted price change on this bond is O 2.3% O 2.5% -2.3% -2,5%

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