Assuming u have a bond with 50,000,000 in MV and maturing with 4 years and another bond with 25,000,000 in MV maturing in 2.5 years. Assuming that the yield of the first is 2.5% and the second 3.5% calculate the portfolio performance if the yield moves down by 50 bps. What is the portfolio performance?

which is the correct answer below?

a)1.77% b)1.95% c)1.68% d)None of the Above