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A 51.000 bond with a coupon rate of 6.4% paid semiannually has nine years to maturity and a yield to maturity of 6% of interest

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A 51.000 bond with a coupon rate of 6.4% paid semiannually has nine years to maturity and a yield to maturity of 6% of interest rates tall and the yield to maturity decreases by 0 8%, what will happen to the price of the bond? A. fall by 557 88 OB. rise by $57 88 OC fall by $69.45 OD. rise by $81 03

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