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Bond A pays annual coupons of 10%, has a par value of $1,000, yield to...

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Bond A pays annual coupons of 10%, has a par value of $1,000, yield to maturity of 10%, and maturity of 5 years Suppose that the market interest rate increases from 10% to 11%, how much would bond A's price change in dollar value) according to duration approximation? (6 points) 3:10 PM Type a message tv AM A MacBook Pro

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