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You own a bond with a duration of 5.7 years. Interest rates for the bond are currently 8%. You believe that the fed's actions will

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You own a bond with a duration of 5.7 years. Interest rates for the bond are currently 8%. You believe that the fed's actions will cause rates to increase by 0.25%. What is the predicted price change for this bond? -1.32% -5.24% 1.47% -3.43%

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