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an 11% coupon bond paying interest semiannually has a $1000 par value and 15 years remaining...

an 11% coupon bond paying interest semiannually has a $1000 par value and 15 years remaining until maturity. with its current BB(Ba) rating, the bond has been priced to provide a yield to maturity of 8.75%. But, that rating is expected to be revised to BBB(Baa), which would cause the YTM to change by 75 basis points. If that happens, the bond price should ______ by $_______

a.rise,73.40

b.fall, 73.40

c.fall,80.13

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