You find a fixed income product in the market that pays a single bullet payment at maturity equal to $$1$ million USD which is currently priced for $$700,000$ Given that the security has exactly $6$ years to payment and that your risk model suggests a security of this type should average an annual yield of $7\%,$ what do you expect should happen to the price and why?

A$)$ Insufficient information to assess

B$)$ If I trust my model, I would expect price to increase by $5\mathrm{.}05\%$

C$)$ If I don't trust my model, I would expect price to increase by $5\mathrm{.}05\%$

D$)$ If I trust my model, I would expect price to decrease by $4\mathrm{.}8\%$

E$)$ If I don't trust my model, $($fwould expect price to decrease by $4\mathrm{.}8\%$