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A(n) nine-year bond has a yield of 10% and a duration of 7.197 years. If the bond's yield increases by 75 basis points, what is

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A(n) nine-year bond has a yield of 10% and a duration of 7.197 years. If the bond's yield increases by 75 basis points, what is the percentage change in the bond's price? (Input the value as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) The bond's price (Click to select) References eBook & Resources Learning Objective: 11-02 Com measure interest rate Worksheet Difficulty Basic Check my work

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