You buy an eight-year bond that has a 6% current yield and a 6% coupon (paid annually). In one year, promised yields to maturity have risen to 7%. Answer the question below based on this...

Extracted text: You buy an eight-year bond that has a 6% current yield and a 6% coupon (paid annually). In one year, promised yields to maturity have risen to 7%. Answer the question below based on this informationWhat would be the price of the bond one year later? $1000.00 $1070.35 $946.11 $935.77