An iron bar of length $L$ has a magnetic moment $M$. It is bent at the middle of its length such that the two arms make an angle of $60^{\circ}$ with each other. The magnetic moment of this new magnet is:

  • A
    $\frac{M}{2}$
  • B
    $2 M$
  • C
    $\frac{M}{\sqrt{3}}$
  • D
    $M$

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