4)The coupon rate for a bond is 12%, the face value is $1,000, YTM is 12%, and there are 15 years to maturity. Assume now that YTM decreases to 10% after one year, the bond price will be

Group of answer choices

$1,147,33 this the answer

$1,000

$863.78

$867.44

I want the answer for this question

In question 4, the bond price is selling at

Group of answer choices

Premium

Par

Discount

we cannot tell