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A $5,000 bond with a coupon rate of 5.1% paid semiannually has five years to maturity and a yield to maturity of 8.4%. If interest

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A $5,000 bond with a coupon rate of 5.1% paid semiannually has five years to maturity and a yield to maturity of 8.4%. If interest rates rise and the yield to maturity increases to 8.7%, what will happen to the price of the bond? A. rise by $54.89 B. fall by $54.89 C. fall by $65.87 D. The price of the bond will not change

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