Assume there is a bond with the coupon rate of 10.8%, yield to maturity (YTM) of 12.0%, and with the face value of $1,000. Further assume that the bond will mature 15 years from now, and that the interest rate will compound semiannually. What is the bonds current market value?

Group of answer choices

$941.73

$1,056.25

$917.41

$928.63