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Suppose you own a 3-year, 7% annual coupon bond with a maturity value of $1,000 with a yield to maturity of 10%. You want to

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Suppose you own a 3-year, 7% annual coupon bond with a maturity value of $1,000 with a yield to maturity of 10%. You want to find the duration-matched short position in a 3-year, 8% annual coupon bond with a maturity value of $1,000 and yielding 5%. How many units of the second bond do you need to short

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