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4. If the market rate of interest increase from 4.6% to 5.1%, approximately, what percentage in price will the XYZ bond (refer to #3) fall?

image text in transcribed 4. If the market rate of interest increase from 4.6% to 5.1%, approximately, what percentage in price will the XYZ bond (refer to \#3) fall? \begin{tabular}{|cl|} \hline A. & A. 6.88% \\ B. & B. 7.49% \\ C. & C. 7.90% \\ D. & D. 8.10% \\ \hline Make your selection: & \\ \hline \end{tabular}

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