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A $1,000 bond with a coupon rate of 5.1% paid semiannually has two years to maturity and a yield to maturity of 7.7%. If interest

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A $1,000 bond with a coupon rate of 5.1% paid semiannually has two years to maturity and a yield to maturity of 7.7%. If interest rates rise and the yield to maturity increases to 8%, what will happen to the price of the bond? A. fall by $5.28 B. rise by $5.28 C. fall by $6.33 D. The price of the bond will not change

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