you own a bond that has a duration of 6 years. interest rates are currently 7%. but you believe the fed is about to increase interest rates by 25 basis points. how will this affect the price of your bond?

of 6 years you own abond that hus a duration Intech rates hil currently 7, but you believe believe the fact is about In lrcase interest is basis points. how will pete this affect Price of your band? rated by