ou own a $10-$year bond with a current yield to maturity of $8\%$ and duration of $6$ years. If interest rates are expected to increase by $0\mathrm{.}75\%,$ calculate the estimated price change of your bond.

A$)$

$3\mathrm{.}50\%$

B$)$

$4\mathrm{.}17\%$

C$)$

$4\mathrm{.}17\%$

D$)$

$3\mathrm{.}50\%$