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All other choices are false because of positive convexity - bond prices rise faster than they fall. Positive convexity applies to both dollar and percentage price changes. For any given absolute change in yield, the increase in price will be more than the decrease in price for a fixed-coupon, noncallable bond. As yields increase, bond prices fall, and the price curve gets flatter, and changes in yield have a smaller effect on bond prices. As yields decrease, bond prices rise, and the price curve gets steeper, and changes in yield have a larger effect on bond prices. Here, for an absolute 150bp change, the price increase would be more than the price decrease. For a 100bp increase, the price decrease would be less than that for a 150bp increase.