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you buy an 8% 15 year old $1000 bond that pays interest annually when it is selling with a YTM of 7%. immediately aftrr you

you buy an 8% 15 year old $1000 bond that pays interest annually when it is selling with a YTM of 7%. immediately aftrr you buy the bond the YTM increases to 9%. what was the percentage change in the price of the bond?

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