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A $5,000 bond with a coupon rate of 6% paid semiannually has nine years to maturity and a yield to maturity of 8.7%. If interest

A $5,000 bond with a coupon rate of 6% paid semiannually has nine years to maturity and a yield to maturity of 8.7%. If interest rates rise and the yield to maturity increases to 9%, what will happen to the price of the bond? A. rise by $81.30 B. fall by $81.30 C. fall by $97.56 D. The price of the bond will not change

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