Question: 1 pts Question 14 Consider a 10-year bond with current price of $98.7 and a duration of 9.1 years. Suppose the yield on the bond

1 pts Question 14 Consider a 10-year bond with current price

1 pts Question 14 Consider a 10-year bond with current price of $98.7 and a duration of 9.1 years. Suppose the yield on the bond is 6.6% per year with continuous compounding. What is the estimated change in dollars) in the bond's price if the yield DECREASES by 0.1 percentage points? (required precision: 0.01 +/- 0.02) PL

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