An 8 year, 10 percent semi-annual coupon bond, with a par value of $1,000, may be called in 3 years at a call price of $1,040. The bond sells for $1,060. Assume the YTM does not change and is 8.93%. What will the price of the bond be in one year?

options:

A) $1,054.59

B) $1,066.23

C) $1,060

D) $1,040