expect rate tonrise by 30 points

Duration: 4.54 Years Current Bond Price: $1,000 Yield to Maturity: 9.5% Estimated change in interest rates : expect rates to rise by 30 basis points or 30% Calculated the Percentage Price change in the bond Select one: O a. 30% O b. 1.299% O C.-1.299% O d.-30%