Question: QUESTION 13 You own a bond that has a duration of 6 years. Interest rates are currently 7%, but you believe the Fed is about

QUESTION 13 You own a bond that has a duration of

QUESTION 13 You own a bond that has a duration of 6 years. Interest rates are currently 7%, but you believe the Fed is about to increase interest rates by 25 basis points. Your predicted price change on this bond is

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