QUESTION 5 A noncallable bond has the following characteristics: Maturity = 10 years, annual coupon = 8%, Yield to maturity (i) = 8%, Duration (D) = 7.25 years, Modified duration (D*) = 6.713 years, par value = $1,000, convexity= 60.53, current price of bond (p) = $1000. What will be the total (Ap/p) after a 4% increase in yield (i)? O A.-18.20% B.-22.01% O C.-20.00% OD.-17.42% E. None of the above