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The bond price B is 9 5 and the duration D is 2 . 5 . Assuming yield expressed with quarterly compounding is 1 0

The bond price B is 95 and the duration D is 2.5. Assuming yield expressed with quarterly compounding is 10%. When the yield on bond increases by 20 basis points, what will be the bond price?
$94.54
$92.60
$98.81
$96.96
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