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You own a bond that has a duration of 6 years. Interest rates are currently 7%, but you believe the Fed is about to decrease

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You own a bond that has a duration of 6 years. Interest rates are currently 7%, but you believe the Fed is about to decrease interest rates by 25 basis points. Your predicted price change on this bond is +2.51% +1.4% -1.4% -2.51%

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