You have just been offered a $1,000 par value bond for $847.88. The coupon rate is 8 percent, payable annually, and yields to maturity on new issues of similar risk are 10 percent. You want to know how many more interest payments you will receive, but the party selling the bond cannot remember. Can you determine how many interest payments remain?

a. 14

b. 15

c. 12

d. 20

e. 10