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  3. a perpetuity pays $71 annually. calculate the actu

A perpetuity pays $71 annually. Calculate the actual % change in the perpetuity's price if...

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Finance

A perpetuity pays $71 annually. Calculate the actual % change in the perpetuity's price if the YTM is 9% and is expected to become 10%.

Provide your answer in percent, rounded to two decimals, omitting the % sign.

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