Find the percentage change in the value of the, Financial Management

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Find the percentage change in the value of the

Jupiter bonds mature in three years, carry a 2% coupon and are priced to yield 4%. The duration is 2.9397. Suppose the yield to maturity increase by 22 basis points. Find the percentage change in the value of the bond. Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format (ex. .XXXX).

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Financial Management: Find the percentage change in the value of the

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