Question: A bond with a face value of $ 1 , 0 0 0 is currently trading at a price of $ 9 3 4 .

A bond with a face value of $1,000 is currently trading at a price of $934. If the bond's YTM remains unchanged, what do you expect to happen to the bond's price in one year?
A. The bond's price will be lower than $934
B. The bond's price will be higher than $934 but lower than $1,000
C. The bond's price will be higher than $1,000
D. There is no way to anticipate next year's price.

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