Question: 4.6875 points Save Answer A 90-day $4 million Negotiable CD has quoted interest rate of 5.55%. If the yield suddenly rises by 75 basis points,

4.6875 points Save Answer A 90-day $4 million Negotiable CD has

4.6875 points Save Answer A 90-day $4 million Negotiable CD has quoted interest rate of 5.55%. If the yield suddenly rises by 75 basis points, what will be the CHANGE in the value of this security? -$7,384 O -$72,369 $13.576 $72,639 0-$96,000

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