You own a fixed-income asset with a duration of five years. If the level of interest rates, which is currently 8.9%, goes down by 20 basis points, how much do you expect the price of the asset to go up (in percentage terms)? (Input the value as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.)

You own a fixed-income asset with a duration of five years. If the level of interest rates, which is currently 8.9%, goes down by 20 basis points, how much do you expect the price of the asset to go up (in percentage terms)? (Input the value as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) The price of the asset (Click to select)