A bond has a face value of $1000, a coupon rate of 4% and matures in 14 years. The spot price of the bond is $ 1078.68. The bond pays semiannual coupons and the next coupon is in 3 months. Calculate the forward price of a forward contract on the bond that matures in 17 months. The risk-free rate is 5.57%.

A) $ 1101.62

B) $ 392.66

C) $ 697.67

D) $ 891.66