Question 17 0/10 You own a bond that has a duration of 6 years. Interest rates are currently 6%, but you believe the Fed is about to increase interest rates by 45 basis points. Compute the predicted price change on this bond. (Be mindful of whether the sign is + or - ) I Note: your answer should be in % this time. If your answer is 5%, please simply input 5 as your answer. Round your answer to 3 decimal places. Your Answer: Incorrect The answer is -2.547 5%.