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Question 27 A bond has a Macaulay's duration of 8 years. If rates changes from 6.6% to 5.3%, what will be the age change bonds

Question 27 A bond has a Macaulay's duration of 8 years. If rates changes from 6.6% to 5.3%, what will be the age change bonds price? Please write the answer in TWO decimal places and NOT PERCENTAGE

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