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2.00 6 International company in Oman issued bonds with 500 $ face value and 10 percent annual coupon rate The current yield to maturity on

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2.00 6 International company in Oman issued bonds with 500 $ face value and 10 percent annual coupon rate The current yield to maturity on this bond is 5 percent and maturity date in 6 years. The current market price is 570.89.Calculate the expected change in the bond price if the yield maturity is expected to increase by 0.023 and the modified duration of this bond is 4.69 a. -61.5819 b. All the given answers in this question are wrong c. 61.5819 d. 0.6158

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