Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (r_d) is 4.5%, based on semiannual compounding. What is the bond's price?

Select the correct answer.

a. $1,139.68

b. $1,137.32

c. $1,142.04

d. $1,134.96

e. $1,144.40