PLEASE ANSWER 13 NOT 12 12. Use the information to answer the following questions. Consider a $1,000 par value bond with a 10% annual coupon. There are 19 years remaining until maturity. Assume that the required return on the bond is 7%, and the market is in equilibrium. What is the price of the bonds?

A) $1195.46

B) $1310.07

C) $1272.07

D) $ 769.64

E) $ 827.23

13.Continued from previous question. Based on the information, you would expect the bond price to ___________________ in one year.

A)Decrease by 1.37%

B) Increase by 1.46%

C) Increase by 1.37%

D) Decrease by 0.63%

E) Increase by 0.63%.