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Green Coffee, Inc. bonds have a face value of $1,000. The bonds carry a 5.6 percent coupon, pay interest semiannually, and mature in 13.5 years.

Green Coffee, Inc. bonds have a face value of $1,000. The bonds carry a 5.6 percent coupon, pay interest semiannually, and mature in 13.5 years. What is the current price of these bonds if the yield to maturity is 6.82 percent?

A.

$1,382.51

B.

$509.83

C.

$894.53

D.

$453.31

E.

$893.46

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