Question: 1 Point Question 13 A bond with a 9-year duration is worth $1,080, and its yield to maturity is 8%. If the yield to maturity

1 Point Question 13 A bond with a 9-year duration is worth $1,080, and its yield to maturity is 8%. If the yield to maturity falls to 7.84%, you would predict that the new value of the bond will be approximately $1,036 B $1,124 $1,094 $1,035

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