Moerdyk Corporation's bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 4.75%, based on semiannual compounding. What is the bonds price?

A

1,063.09

B

1,090.35

C

1,118.31

D

1,146.27

E

1,174.93