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00 23.00 none of the above What happens to the price of a one-year bond with an interest rate (discount rate) of 8% when coupon

00 23.00 none of the above What happens to the price of a one-year bond with an interest rate (discount rate) of 8% when coupon rates change from 6% to 7%? Select one: a. A price increase of $9.26 b. A price increase of $25.77 c. A price decrease of $9.26 d. A price decrease of $25.77 e. None of the above

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