You are reviewing a 3.6% annual coupon bond that has four years left until maturity; the bond currently has a Yield To Maturity of 3.9%. What is the difference in the price change predicted by Modified Duration and the price change predicted by Convexity if market rates increase by 150 basis points?

$1.92

$2.43

$0.20

$1.37

$3.44

None of the above