$$1000$ Par$-$value bond Oceania has a modified duration of $6\mathrm{.}3.$ Which one of the following statements regarding the bond is true? A$.$ If the market yield increases by $1\%,$ the bond's price will decrease by $$63.$ B$.$ If the market yield increases by $1\%,$ the bond's price will decrease by $$32.$ C$.$ If the market yield increases by $1\%,$ the bond's price will decrease by $$1.$ D$.$ If the market yield increases by $1\%,$ the bond's price will increase by $$63.$ E$.$ If the market yield increases by $1\%,$ the bond's price will increase by $$32.$