Consider a two-year bond with the yield to maturity of 7% and the annual coupon rate of 5%. The bond is currently traded at S9638, and the duration of the bond is 1.95 years. If the bond's yield to maturity changes to 3%, please estimate its price change by using its duration. Please round your calculation to the nearest 2nd de ma Select one A. decrease by $7.03 O B. increase by $7.03 O C. decrease by $8.03 OD. increase by $8.03 O E. No change