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LRQ Inc. issued bonds on July 1 , 2 0 0 6 . The bonds had a coupon rate of 5 . 5 % ,

LRQ Inc. issued bonds on July 1,2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on July 1,2021. What is the price of an LRQ Corporation bond on July 1,2012 to an investor with a required return of 7%?
$901.08
$902.27
$1000.00
$1,104.28
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