A ten-year bond has a yield of 13 and a duration of 7209
A ten-year bond has a yield of 13% and a duration of 7.209 years. If the bond's yield increases by 50 basis points, what is the percentage change in the bond's price as predicted by the duration formula.
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a ten-year bond has a yield of 13 and a duration of 7209 years if the bonds yield increases by 50 basis points what is
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