A $5000 bond with a coupon rate of 6.4% paid semiannually has four years to maturity and a yield to maturity of 6.2%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?

Question 3 options:

1)	fall by $98.64

2)	fall by $40.49

3)	rise by $84.46

4)	rise by $142.78