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Ezzell Enterprises' non-callable semi-annual coupon bonds currently sell for $1,165. They have a 15-year maturity with a 9.5% coupon, and a par value of $1,000.

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Ezzell Enterprises' non-callable semi-annual coupon bonds currently sell for $1,165. They have a 15-year maturity with a 9.5% coupon, and a par value of $1,000. If the YTM in following year changes to 8%, what is the new price of the bond after 1 year? $1,814.65 O $1,124.97 $1,123.66 $1,000.00

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