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U sell a CDS with MV of 0 and principal of 100,000,000 if the spread duration is 3.7 what will be the new MV if

U sell a CDS with MV of 0 and principal of 100,000,000 if the spread duration is 3.7 what will be the new MV if the spread drop by 50 bps ( so the spread was 100 bps and now it's 50bps ) +1850,000+1,910,000nochange1,200,000

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