Alexis Media Issued Five-Year Bonds One Year Ago with a 7.5

Alexis Media issued five-year bonds one year ago with a 7.5% coupon that pays SEMIANNUALLY (the bonds just paid the second coupon payment) .Alexis announced a revised advertising revenue forecast that is quite bleak compared with the prevailing forecast at the time of the bond issuance.Investors now require a 9% return on Alexis bonds.What is the percent change in price of the bonds associated with the change in business conditions?

A) 4.95% decrease
B) 8.30% decrease
C) 29.06% decrease
D) 19.79% increase
E) Can't determine with the information given