Instructions	Do not do interim rounding, calculate values to at least 4 decimal places, 6 in the case of percentages as decimals. For multiple-choice questions choose the best answer.

You are contemplating purchasing the Xinsu Company 3 7/8% bonds due in 12 years. The bonds are currently trading at a 3.70%% yield to maturity. To purchase $65,000 in face value, the cost would be closest to:

	A.	$63,916.62.
	B.	$66,094.23.
	C.	$66,086.38.