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A ( $ 1,000 ) bond with a coupon rate of 6.5 paid semiannually has ten years to maturity and a yield to maturity of

image text in transcribed A \\( \\$ 1,000 \\) bond with a coupon rate of \6.5 paid semiannually has ten years to maturity and a yield to maturity of \6. If interest rates fall and the yield to maturity decreases by \0.8, what will happen to the price of the bond? A. fall by \\( \\$ 75.82 \\) B. rise by \\( \\$ 63.19 \\) C. fall by \\( \\$ 63.19 \\) D. rise by \\( \\$ 88.46 \\)

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