$16.$ Alpha Corp.$\text{'}$s bonds have a $28-$year maturity, a $10\%$ semiannual coupon, and a par value of

$$1,000.$ The going interest rate $(rd)$ is $4\mathrm{.}00\%,$ based on semiannual compounding. What is the

bond's price?

a$.$ $$1,750\mathrm{.}56$

b$.$ $$2,005\mathrm{.}14$

C$.$ $$1,754\mathrm{.}12$

d$.944\mathrm{.}01$