5 Annual Bond Valuation Callan Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5%, what is the current price of the bonds, given that they now have 19 years to maturity? O A. $1,232.15 B. $1,201.35 C. $1,171.32 D. $1,142.03 E. $1,113.48 Submit Answer Continue without saving