Moerdyk Corporation's bonds have a $15-$year maturity, a $7\mathrm{.}25\%$

semiannual coupon, and a par value of $$1,000.$ The going interest rate

$(rd)$ is $8\mathrm{.}10\%,$ based on semiannual compounding. What is the bond's

price?

$$723\mathrm{.}02$

$$871\mathrm{.}34$

$$713\mathrm{.}75$

$$899\mathrm{.}14$

$$926\mathrm{.}95$