1.Disney issued a 30-year bond with a par value of $1,000, last year, with a coupon that pays $35 annually. At the time of issue, the bonds sold at par. Assuming semi-annual payments and a 4.125% yield to maturity, what is the current price of the firm's bonds? (Select the closest number)

a.$978.59

b.$978.97

c.$978.79

d.$987.60