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Assume a bond in the Muscat stock market pays 15 percent annual coupon rate and has a face value of 1 00 OMR. The maturity

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Assume a bond in the Muscat stock market pays 15 percent annual coupon rate and has a face value of 1 00 OMR. The maturity yield on this bond is 10 percent and the maturity date 10 years. This bond has a Macaulay duration of 5.71. The current market price is 130.72. Calculate the expected change in the bond price if the current yield to maturity is expected to be 0.066. Select one: O a.-25.38 O b. 23.07 O c. All the given answers in this question are wrong O d. 25.38

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