2. Chapter MC, Section .05, Problem 021.Algo One year ago Lerner and Luckmann Co. Issued 15-year, noncallable, B.1% annual coupon bonds at their par value of $1,000. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 14 years to maturity? Select the correct answer. Oa. $1,245.57 Ob. $1,249.33 Oc. $1,238.05 Od. $1,253.09 Oe. $1,241.81