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What is estimated change in price resulting from a decrease

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Reference no: EM132559394

Question 1: A bond has a duration of 6.7 years and is trading at a yield of 6.0%. What is the estimated change in price resulting from a decrease in the yield of 1 basis point?

Reference no: EM132559394

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What is estimated change in price resulting from a decrease : 6.7 years and is trading at a yield of 6.0%. What is the estimated change in price resulting from a decrease in the yield of 1 basis point?
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