Rocco has an 8% semiannual, $20,000 put bond with a remaining term to maturity of 18 years. The put bond includes an option for the bondholder to redeem the bond at par at the end of 3 years from now. Interest rates are currently 10%. The value of the bond Is:

a. $19,005.26

b. $22,220.07

c. $20,000.00

d. $18,984.86

Do not copy from chegg.