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Tiger king Inc. Bonds has a Macaulay Duartion 8 years and a current yield to maturity of 5.40%. If the yield to maturity increases to
Tiger king Inc. Bonds has a Macaulay Duartion 8 years and a current yield to maturity of 5.40%. If the yield to maturity increases to 5.65%, what is the resulting percentage change in the price of the bond?
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