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Suppose a new issue par $1,000 bond is issued with a semi-annual coupon payment of 3.22% and 16 years to maturity when interest rates are

Suppose a new issue par $1,000 bond is issued with a semi-annual coupon payment of 3.22% and 16 years to maturity when interest rates are 3.22%. If interest rates rise 145 basis points, what is the new bond price?

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