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Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (r) is 5.00%, based

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Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (r) is 5.00%, based on semiannual compounding. What is the bond's price? O $1,050.15 O $1,359.01 $976.02 $1,457.85 $1.235.47

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