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An analyst gathered the following information about a 15-year bond:·10% semiannual coup


An analyst gathered the following information about a 15-year bond:

·10% semiannual coupon.

·Effective duration of 7.6 years.

If the market yield rises 75 basis points, the bond"s approximate price change is a:()。

:A.5.4% decrease

B.5.4% increase

C.5.7% decrease

请帮忙给出正确答案和分析,谢谢!

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