A bond with a coupon rate of 9 1/8% is issued with 30 years to maturity. 5 years later, Interest rates have fallen by 3%. What is the price of the bond after the 5 years have passed since the bond was issued? (The bond pays semi-annual coupon) Select one: a. $1406.83 b. $1000 c. $865.49 d. $1222.74 e. $1185.54 A bond with a coupon rate of 9 1/8% is issued with 30 years to maturity. 5 years later, Interest rates have fallen by 3%. What is the price of the bond after the 5 years have passed since the bond was issued? (The bond pays semi-annual coupon) Select one: a. $1406.83 b. $1000 c. $865.49 d. $1222.74 e. $1185.54