Assume that a bond has an annual stated coupon rate of 8 percent (interest is paid semi-annually), a maturity value of $1,000, and will mature in 5 years. Also assume that investors have an annual nominal required rate of return of 6 percent. Determine the current price of this bond. $1,054.51 $1,134.28 $1,161.84 $1,193.75 $1,085.30