J&J Manufacturing Just Issued a Bond with a $1,000 Face

J&J Manufacturing just issued a bond with a $1,000 face value and a coupon rate of 7%. If the bond has a life of 30 years, pays annual coupons, and the yield to maturity is 6.8%, what% of the bond's
Total price is represented by the present value of the coupons?

A) 85.7%
B) 86.1%
C) 86.4%
D) 93.0%
E) 100.0%