Leggio Corporation issued 20-year, 7% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds, given that they now have 19 years to maturity? A. $1,046.59 B. $1,111.58 C. $1,133.40 D. $1,177.78 E. $1,189.04