You have been provided with the following information concerning a particular bond; Bond's duration in years 18; Bond's maturity in years 30; Bond's modified duration in years 16.9; Bond's yield to maturity 6.5 percent; Based on the above information, if the market interest rate increases by three quarters of one percent (0.75 percent), what will be the percentage change in the bond's price?

	a.	+0.750 percent
	b.	-0.750 percent
	c.	+12.675 percent
	d.	-12.675 percent