A zero-coupon bond with 8 years to maturity, trading for $904.64 and is expected to have it's annual YTM jum 1% when the
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A zero-coupon bond with 8 years to maturity, trading for $904.64 and is expected to have it's annual YTM jum 1% when the
A zero-coupon bond with 8 years to maturity, trading for $904.64 and is expected to have it's annual YTM jum 1% when the Federal Reserve announces its rate adjustments. What is the duration estimated price change dollars,) when the announcement is made?
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