Consider a 24-year, 8.1% coupon rate, $1,000 face value bond that pays quarterly coupons. How much is this bond worth if its yield to maturity is 4.6%?

a. $647.7

b. $1,204.1

c. $969.0

d. $1,269.8

e. $1,507.0

f. $1,039.0

g. $1,245.9

h. $1,326.8