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A financial firm holds a bond in its investment portfolio whose duration is 15 years. Its current market price is $975. While market interest rates

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A financial firm holds a bond in its investment portfolio whose duration is 15 years. Its current market price is $975. While market interest rates are currently at 6 percent for comparable quality securities, a decrease in interest rates to 5.75 percent is expected in the coming weeks. What change (in percentage terms) will this bond's price experience if market interest rates change as anticipated? 0 -0.25% 3.54% O 6.00% -3.5495

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