A 9% bond with a 1,000 par value and coupons payable semiannually is redeemable at maturity for 1,100. At a purchase price P, the bond yeilds a nominal interest rate at 8%, compounded semiannually, and a present value of the redemption amount is 190. Determine P.

A. 1050, B. 1085, C. 1165, D. 1215

Please, no excel spreadsheets.