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Given the following information on a bond: (1 pt) Price of bond if yields decline 25 bps: 92.7 Price of bond if yields rise 25

Given the following information on a bond: (1 pt) Price of bond if yields decline 25 bps: 92.7 Price of bond if yields rise 25 bps: 88.0 Initial bond price: 90.0 Change in yield: 25 bps The duration of the bond is: A. 10.44 B. 9.67 C. C. 11.89 D. D. 6.66

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