Question: U out Ora D Question 5 Athree year bond with a current price of 922.69 has a YTM of 89. coupon rate of 5, and

U out Ora D Question 5 Athree year bond with a current price of 922.69 has a YTM of 89. coupon rate of 5, and a duration (Macaulay) of 2.853. If interest rates increase by 78 basis points, what is the predicted price of the bond after the rate changeuse duration approximation Round your final answer to two decimal places Selected Answer (None Given

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