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Assume interest rates do not change over the year. Which of the following is true about a bond that currently sells for $980? A. Next

Assume interest rates do not change over the year. Which of the following is true about a bond that currently sells for $980?

A.

Next year the value will be equal to $1000.
B.

Next year the value will be less than $980.
C.

Next year the value wil be greater than $1000.
D.

Next year the value will be equal to $980.
E.

Not enough information to determine the value of the bond next year.

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