A bond with a 9-year duration is worth $1 080.00 and its yield to maturity is 8%. If the yield to maturity falls to 7.84%, you would predict that the new value of the bond will be ________.

Name: A bond with a 9-year duration is worth $1 080.00 and its yield to maturity is 8%. If the yield to maturity falls to 7.84%, you would predict that the new value of the bond will be ________.
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11ee763a_a7b8_f07b_90da_ff65d521e0bf_TB10008_00

A Bond with a 9-Year Duration Is Worth $1 080