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Yesterday the yield to maturity (YTM) increased by 150 basis points and the price of my bond fell by exactly 3%. If YTM increases today
Yesterday the yield to maturity (YTM) increased by 150 basis points and the price of my bond fell by exactly 3%. If YTM increases today again by 150 basis points, then the price of my bond will
A. Remain constant
B. Fall by 3%
C. Fall by > 3%
D. Fall by < 3%
E. Increase by 3%
F. Increase by < 3%
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