Условие:
An investor gathered the following information about an option-free U.S. corporate bond:
Par Value of $ 10 million
Convexity of 90
Duration of 7
If interest rates increase 2 \% (200 basis points), the bond's percentage price change is closest to:
A -\bm{12.2\%}
B -14.0 \%
C -15.8 \%
