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A 10-year, $1,000 face value bond has an 8% annual coupon and a yield to maturity of 10%. If market interest rates remain at 10%,

A 10-year, $1,000 face value bond has an 8% annual coupon and a yield to maturity of 10%. If market interest rates remain at 10%, what will be the bond's price two years from today?

a. $ 877.11

b. $ 893.30

c. $1,061.30

d. $ 912.55

e. $1,023.06

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