A new 10-year option-free bond was issued on June 1, 2020. The bond has an annual coupon of 8%. On June 1, 2023, the bond had a yield to maturity of 7.1%. The first coupon is reinvested at 8%, and the second coupon is reinvested at 7%. The price of the bond on June 1, 2023, is closest to a. 105.4% b. 104.8% c. 102.5%