Dexter Mills Issued 20-Year Bonds a Year Ago at a Coupon

Dexter Mills issued 20-year bonds a year ago at a coupon rate of 11.4 percent. The bonds make semiannual payments. The yield-to-maturity on these bonds is 9.2 percent. What is the current bond price?

A) $985.55
B) $991.90
C) $1,192.16
D) $1,195.84
E) $1,198.00