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Assume that a corporation wants to borrow $100,000 by issuing one hundred 10-year, $1,000 bonds. The interest rate required for similar bonds from similar corporations

Assume that a corporation wants to borrow $100,000 by issuing one hundred 10-year, $1,000 bonds. The interest rate required for similar bonds from similar corporations is 11 percent. Coupon payments will be made annually. What will the corporation's last full payment be to all bond holders?

A. $100,000

B. $1,100

C. $11,000

D. $111,000

I choose 11,000

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