DEF Co.s 20-year bonds have an annual coupon rate of 6.27%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the prevailing interest rate on bonds of similar risk and maturity is 5.25%, what is the current market price of the bonds? Group of answer choices $1,896.03 $1,124.46 $1,561.57 $1,169.19 $1,125.37