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Suppose you are given the following bond quote information: Time to maturity: 30 years Coupon rate: 12% Yield to maturity: 15% Par Value: $1,000 Assume

Suppose you are given the following bond quote information: Time to maturity: 30 years Coupon rate: 12% Yield to maturity: 15% Par Value: $1,000 Assume semi-annual compounding, calculate the percentage change in price for the bond assuming the yield to maturity increases by 100 basis points (new YTM = 16%). (Enter percentages as decimals and round to 4 decimals)

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