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Calculate the purchase price of the $1000 face value of the bond. (Assume that the face value is $1000, it bond interest is paid semiannually,

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Calculate the purchase price of the $1000 face value of the bond. (Assume that the face value is $1000, it bond interest is paid semiannually, that the bond was originally issued at its face value, that the bond is redeemed at their face value maturity and that the market rate of return is compounded semiannually.) Issue Maturity Market Coupon Rate (%) Date Purchase Date Sept 15, 2003 Date Rate (%) March 15, 1996 March 15, 2021 8.0 7.5 Select one: O a. none of them O b. 772.60 O c. 1048.29 d. 953.33 e. 1175.69

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