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A $1,000 bond with a coupon rate o 6 3% paid semiannually has ten years to maturity and a yield to maturity of 6.99 f

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A $1,000 bond with a coupon rate o 6 3% paid semiannually has ten years to maturity and a yield to maturity of 6.99 f interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of he bond? O A. fall by $69.17 B. fall by $57.64 C. rise by S57.64 OD rise by $80 7

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