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You have $200,000 invested in bond A which has a modified duration of 8.12 and $300,000 invested in bond B which has a modified duration

You have $200,000 invested in bond A which has a modified duration of 8.12 and $300,000 invested in bond B which has a modified duration of 13.54. If interest rates rise by 25 basis points, your portfolio would gain/lose approximately how much money?

Lose $14,215.00

Lose $14,378.75

Gain $14,378.75

Gain $14,215.00

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