The risk premium is the expected return on a risky asset less the return on a risk-free asset Question 11 (0.8 points) 15. Leggio Corporation issued 20-year, 7% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds? A) $1,189.04 B) $1,114.70 OC) $1,133.40 D) $1,046.59 E) $1,111.58 Saved uestion 12 (0.8 points) itions is called