You just purchased a 15-year bond with an 12 percent annual coupon. The bond has a face value of $1,000 and a current yield of 10.42 percent. Assuming that the yield to maturity of 10 percent remains constant, what will be the price of the bond one year from now?

A.

$1,173.2

B.

$1,164.9

C.

$1,147.3

D.

$1,155.7

E.

$1,182.4