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15. Peter Wilson is trying to understand a premium bond which makes annual payments. The bond pays a 10% coupon rate, has a yield to

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15. Peter Wilson is trying to understand a premium bond which makes annual payments. The bond pays a 10% coupon rate, has a yield to maturity (YTM) of 9%, and has 15 years to maturity. If interest rates remain unchanged, what do you expect the price of the bond to be in five years from now? A. $1,129.76 B. $1,000.00 C. $1,064.18 D. $859.53 E. None of the given answers is correct Answer: ( )

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