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21 years ago, Blue Water Co. issued bonds with a face value of $1,000 and a coupon rate of 6.50%. The bonds make interest payments

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21 years ago, Blue Water Co. issued bonds with a face value of $1,000 and a coupon rate of 6.50%. The bonds make interest payments semiannually and will mature in 17 years. What is the current price of these bonds if the Yield-to-Maturity is 6.26%? $1,034.65 $1,011.30 $1,024.89 $1,031.59 $1,003.12

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