BGY bonds and DRE bonds are presently selling at their par value of $1,000. Each pays interest of $120 annually. BGY will mature in 5 years, while DRE will mature in 6 years. If the yields to maturity on the two bonds change immediately from 12% to 15%:

A. both bonds will decrease in value, but BGY bonds will decrease in value more than DRE bonds

B. both bonds will increase in value, but DRE bonds will increase in value more than BGY bonds

C. both bonds will increase in value, but BGY bonds will increase in value more than DRE bonds

D. both bonds will decrease in value, but DRE bonds will decrease in value more than BGY bonds

E. neither bond will decrease in value, but they could increase in value or stay the same