Based on a companys balance sheet, the asset includes: A1 with value of $3 million and duration of 2years A2 with value of $2 million and duration of 6 years A3 with value of $1 million and duration of 8 years The liability includes: L1 with value of $4 million and duration of 20 years L2 with value of $2 million and duration of 30 years What is the liability value change in million dollars if interest rate decreases by 1 basis point?

$ 10.31

$ 0.014

$ 6.45

$ 0.03

$ 4.33

$ 23.33

$ 14.65