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 5.25%, based on semiannual compounding. What is the bond's price?

Select the correct answer.

$1,079.03

$1,073.03

$1,075.03

$1,081.03

$1,077.03