you hold a bond with three years to maturity and a yield to maturity of 10% . If the maturity of the bond decreases to 8%, the duration rule predicts that the price of the bond will increase by 4.9736%. which of the following statement can be true
a) The actual price increase is 4.8681% the actual price increase is 5.0235%
b) The actual price increase is 5.0235%
c) The bond is selling at par
d) The bond is a zero-coupon bond
e) None of these is possible.