Solve the Problem $3 \%$ When the Price Is $\$ 150$ What Price Is Necessary for a Yield Of Inversely

Multiple Choice

Solve the problem.
-The yield on a bond varies inversely as the price. The yield on a particular bond is $3 \%$ when the price is $\$ 150$ . What price is necessary for a yield of $4.5 \%$ ? Round to the nearest cent, if necessary.

A) $\$ 9.00$
B) $\$ 111.11$
C) $\$ 100.00$
D) \$225.00