E-Trade Bonds called you to try to sell you bonds with $1,000 face value $847.88. The person selling described the bond as having an annual coupon rate of 8 percent, and claimed that interest rates on new issues of the same degree of risk are 10 percent. You want to know how many more coupon payments you will receive, but the broker did not recall. However, you told the broker that with the date given you can compute that yourself. What was the result of your computation?

	a.	20
	b.	14
	c.	12
	d.	15
	e.	10