A magnet is suspended horizontally in the earth's magnetic field. When it is displaced and released, it oscillates in a horizontal plane with a period T. If a piece of wood of same M.I as the magnet is attached to the magnet is attached to the magnet, the new period of oscillation of the system would be -
(A) T/3
(B) T/2
(C) T/√2
(D) √2T