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A 20-year, $1,000 par value bond has a 6.5% annual payment coupon. The bond currently sells for $926.98. If the yield to maturity remains at

A 20-year, $1,000 par value bond has a 6.5% annual payment coupon. The bond currently sells for $926.98. If the yield to maturity remains at its current rate, what will the price be 3 years from now?

a. $ 872.29

b. $ 928.00

c. $ 930.59

d. $ 932.59

e. $1,000.00

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