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Suppose that your bond portfolio has duration of 8.2 years. The YTM right now is 6%. Compute the % change in the value of your

Suppose that your bond portfolio has duration of 8.2 years. The YTM right now is 6%. Compute the % change in the value of your portfolio if the YTM increases by 1%. Please enter your answer as % and round to 2 decimal places. (e.g. RET=0.02673 should be entered as 2.67%).

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