Use the following corporate bond quote from the WSJ on June 1, 2020 to answer questions 10-11.This bond pays interest monthly and quotes are in percent of par value.

Coupon RateMaturityAsk

6.4500%December 31, 2020102.75

Given a par value of $100,000, what is the P_{new linear duration estimate} - P_{new actual} if interest rates increase 10 bp?

Question 10 options:

-0.098134

+0.018928

-0.025547

-0.019502

-0.084125

+0.233234