Consider a security with a duration of 7 years. The current interest rate level is 10% p.a. How does the price of the security change if interest rates decrease by 1.5% (round your answer to two decimals)? The price of the security will decrease by 8.5%. The price of the security will decrease by 9.55%. The price of the security will decrease by 1.5%. The price of the security will increase by 1.5%. The price of the security will increase by 9.55%