Derwent Aquaculture Ltd has just issued some corporate bonds that have a 10-year term to maturity. The face value per bond is $1,000; the coupon rate is 5% p.a. paid semi-annually. Assume that similar bonds trade at a market rate of interest (i.e. yield to maturity) of 6% p.a., paid semi-annually. The best estimate of the value of one of these bonds is Select one: a. $916.90 b. $925.61 c. $926.40 d. $945.81