[单选题]

The 4.65% semiannual-pay Portage Health Authority bonds have exactly 17 years to maturity and are currently priced to yield 4.39%. Using the full valuation approach, the interest rate exposure (in percent of value) for these bonds, given a 75 basis point increase in required yield, is closest to:

A.-9.104%.

B.-9.031%.

C.-8.344%.

参考答案与解析:

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