1. A coupon bond that pays interest semi-annually has a par value of $1,000, matures in seven years, and has a yield to maturity of 9.3%. The intrinsic value of the bond today will be ________ if the coupon rate is 9.5%.

A.) $922.77

B.) $1,010.12

C.) $1,075.80

D.) $1,077.22

E.) None of the options