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Bond A has a coupon rate of 9%, with a three-year maturity and a face value of $1,000. If the discount rate now or future

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Bond A has a coupon rate of 9%, with a three-year maturity and a face value of $1,000. If the discount rate now or future is 10%, and you want to buy bond A at year 1, what is the price you have to pay at year 1 (P1)? Select one: a. $1,000.00 b. $1,120.00 c. $975.13 d. $982.64 e. none of the above

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