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Please highlight answer This Question: 1 pt 5 of 30 (0 complete) This Test: 30 pts possible $ Twenty years ago Bison Enterprises Inc. issued

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This Question: 1 pt 5 of 30 (0 complete) This Test: 30 pts possible $ Twenty years ago Bison Enterprises Inc. issued thirty-year 9% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen and the yield to maturity on the firm's bonds is now 11%. Given this information, what is the price today for a bond from this issue? O A. $1,000 OB $914.41 C. $882.22 OD. $1.116.54

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