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Your bond mkaes annual coupon payments. Its Macaulay duration is 1 0 . 9 and its YTM is 7 . 1 % EAR. Calculate the

Your bond mkaes annual coupon payments. Its Macaulay duration is 10.9 and its YTM is 7.1% EAR. Calculate the bond's approximate percantage price change if YTM increase by 29 basis points. express two decimals places

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