McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 11.5% coupon paid semiannually (5.75% each 6 months), and those bonds sell at their par value. McCurdy's Class P bonds have the same risk, maturity, and par value, but the p bonds pay a 11.5% annual coupon. Neither bond is callable. At what price should the annual payment bond sell? Select the correct answer. O a. $985.61 O b. $991.82 C. $979.40 O d. $1,004,24 e. $998.03