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Question 9 of 12 1.0 Points A bond currently worth $200,000 has a Macaulay duration of 8.64 years when f1 = 6%. If the interest

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Question 9 of 12 1.0 Points A bond currently worth $200,000 has a Macaulay duration of 8.64 years when f1 = 6%. If the interest rate falls to / -5.5%, what is the estimated new value of the bond? (nearest S10) A. $191,360 B. $191,850 C. $208,640 D. S208,150 Reset Selection

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