A $1,000 bond with a coupon rate of 6.8% paid semiannually has five 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. rise by $11.89 B. fall by $11.89 C. fall by $14.27 D. The price of the bond will not change