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On June 1 st , 2 0 1 7 , The Sooner Inc. issued twenty - five - year 1 0 % semiannual coupon bonds

On June 1st,2017, The Sooner Inc. issued twenty-five-year 10% semiannual coupon bonds with a $1,000 face value each. The first coupon date is 1- Dec-2017. Since then, interest rates in general have risen and the yield to maturity on the same bonds is now 12% on December Ist, 2021. Given this information, what is the current price for this bond?
A) $878.62
B) $858.62
C) $868.62
D) $848.62
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