A bond's yield to maturity is 5% per year and its price is $1,010. The bond's modified duration is 4 years and its convexity is 100 . By what amount will the bond's price change, if its yield to maturity increases by 200 basis points? Bond price will increase by $60.6 Bond price will increase by $92.3. Bond price will drop by $60.6. Bond price will drop by $92.3