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A 13-year bond with a par value of $1,000 has a 11.8 percent annual coupon. The bond currently sells for $1,198. If the bond's yield

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A 13-year bond with a par value of $1,000 has a 11.8 percent annual coupon. The bond currently sells for $1,198. If the bond's yield to maturity remains at its current rate, what will be the price of the bond 1 years from now? $1,189.45 $1,089.45 $989.45 $1,289.45 $1,389.45

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