Question 8 You are managing the list of fixed-income securities below and want to estimate the sensitivity of its value to the changes in interest rates. How much would the value of this portfolio change (approximately) for a 50 bps increase in interest rates? Bond A Bond B Bond c Par value 2.000.000 10,000,000 3,000,000 Market value 1.558,975 5,245,284 2,996,465 Currency USD EUR USD Coupon rate 5% 8% 3% Coupon frequency Semi-annual Semi-annual Semi-annual Annual Yield-to-maturity 6.92% 15.31% 5.95% Macaulay duration 7.32 9.75 3.18 1 USD = 0.80 EUR Selected Answer: -3.86% XA Answers: -3.86% A -3.23% B. -3.57% C. -3.15% D