Moerdyk Corporation's bonds have a $10-$year maturity, a $4\mathrm{.}50\%$ semiannual coupon, and a par value of $$1,000.$ The going interest rate $(rd)$ is $3\mathrm{.}50\%,$ based on

semiannual compounding. What is the bond's price?

a$.1,083\mathrm{.}76$

b$.1,050\mathrm{.}55$

C$.1,115\mathrm{.}49$

d$.1,000\mathrm{.}00$