Say you were investigating a high yield bond that was in significant distress as a prospective investment. What would be the price change (in percentage terms) of both a 1-year bond and a 10-year bond, when the discount rate rose from 10% to 15%?

a. The 1-year bond would have a 4.4% in increase in price, and the 10-year bond would have a 25.1% increase in price.

b. The 1-year bond would have a 4.8% in decrease in price, and the 10-year bond would have a 38.6% decrease in price.

c. The 1-year bond would have a 4.8% in increase in price, and the 10-year bond would have a 38.6% increase in price.

d. The 1-year bond would have a 4.4% in decrease in price, and the 10-year bond would have a 25.1% decrease in price.

e. The 1-year bond would have a 4.8% in increase in price, and the 10-year bond would have a 25.1% decrease in price