A&Z Electric Company's noncallable bonds were issued several years ago and now have $10$ years to maturity. These bonds have a $9\mathrm{.}25\%$ annual coupon, paid semiannually, sells at a price of $$1,095,$ and has a par value of $$1,000.$ What is the present value of the bond?

$$1,090$

$$1,095$

$$1,093$

$$1,097$