Fourteen years ago, Cass Industries issued 30-year 6% annual coupon bonds with a $1,000 face value and with semiannual coupon payments. Since then, interest rates in general have declined and the yield maturity on the Cass bonds is now 5%. Given the information, what would be the price today for a Cass Industries bond

a) $1,109.25 b) $1,108.38 c) $943.56 d) $823.33