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Yesterday the yield to maturity (YTM) fell by 150 basis pointsand the price of my bond increased by exactly 3%. If YTM fallstoday again by

Yesterday the yield to maturity (YTM) fell by 150 basis pointsand the price of my bond increased by exactly 3%. If YTM fallstoday again by 150 basis points, then the price of my bondwill…

Remain constant

Fall by 3%

Fall by > 3%

Fall by < 3%

Increase by 3%

Increase by > 3%

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