Question: a 5% 10 year bond has a yield to maturity of 3.75 % and modified duration of 6.2 years if the market is expected to
a 5% 10 year bond has a yield to maturity of 3.75 % and modified duration of 6.2 years if the market is expected to increase by 125 basis points what do you estimate will be the percent change (minus if negative) in the bond prices?
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