Answer:
Option E (143) is the appropriate solution.
Step-by-step explanation:
According to the question,
The modified duration will be:
=

=

=

The percentage change in price will be:
=

=
(%)
Now,
The EMOD will be:
=

=
($)
Or,
The EMAC will be:
=

=
($)
Hence,
⇒


⇒
