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Bart's Moving Company bonds have a 9.5% coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 8

Bart's Moving Company bonds have a 9.5% coupon rate. Interest is paid semiannually. The bonds have a par value of $1,000 and will mature 8 years from now. What is the value of Bart's Moving Company bonds if investors' required rate of return is 9.5%?

A: $1,083

B: $997

C: $1,133

D: $1,000

E: None of these

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