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A $5,000 bond with a coupon rate of 6.1% paid semiannually has nine years to maturity and a yield to maturity of 7%. If interest

A $5,000 bond with a coupon rate of 6.1% paid semiannually has nine years to maturity and a yield to maturity of 7%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond? O A. fall by $315.21 B. rise by $262.67 C. fall by $262.67 OD. rise by $367.74

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