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6.3-12 Question Helc A $1000 bond with a coupon rate of 5.4% paid semi-annually has five years to maturity and a yield to maturity of

6.3-12 Question Helc A $1000 bond with a coupon rate of 5.4% paid semi-annually has five years to maturity and a yield to maturity of 7.5%. If interest rates rise and the yield to maturity increases to 7.8%, what will happen to the price of the bond? A. fall by $9.82 B. rise by $12.16 O C. fall by $11.58 D. rise by $10.06 O E. The price of the bond will not change

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