A bond with 16 years until maturity has a face value of $1000. The bond pays two semiannual coupons per year and has a coupon rate of 5.75%. The bond's yield is 8.125%. What is the value of the bond? Round all intermediate calculations to 6 decimal points. Your final answer should be within $1 of the correct answer choice. A) $538.99 B) $672.56 C) $789.43 D) $1,195.72