Luther Industries needs to raise $25 million to fund a new office complex. The company plans on issuing ten-year bonds with a face value of $1,000 and a coupon rate of 6.1% (annual payments). The following table summarizes the YTM for similar ten-year corporate bonds of various credit ratings:

Rating	AAA	AA	A	BBB	BB
YTM	6.68%	6.88%	6.98%	7.38%	7.88%

Assuming that Luther's bonds are rated AAA, their price will be closest to ________. 21) ________

A) $1342 B) $959 C) $1150 D) $767