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

  • [NEET 2024]
  • A

    $\frac{M}{2}$

  • B

    $2 M$

  • C

    $\frac{M}{\sqrt{3}}$

  • D

    $M$

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