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A $1,000 bond with a coupon rate of 6% paid semiannually has two years to maturity and a yield to maturity of 7.2%. If interest

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A $1,000 bond with a coupon rate of 6% paid semiannually has two years to maturity and a yield to maturity of 7.2%. If interest rates rise and the yield to maturity increases to 7.5%, what will happen to the price of the bond? A. fall by $5.40 B. fall by $6.48 C. rise by $5.40 OD. The price of the bond will not change

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