A corporate bond with a full price of 119.51 per 100 of par has a modified duration of 6.1495 and convexity of 52.0785. The expected change in the dollar value of a $250,000 par value position in the bond given a 15 basis point decline in the yield to maturity is closest to:

A)$1,780

B)- $1,570

C) $2,770