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Moerdyk Corporation's bonds have a 15-year maturity, a 7.5% semiannual coupon, and a par value of $1,000. The going annual interest rate (rd) is 6.00%,

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Moerdyk Corporation's bonds have a 15-year maturity, a 7.5% semiannual coupon, and a par value of $1,000. The going annual interest rate (rd) is 6.00%, based on semiannual compounding. What is the bond's price? a. $1,359,01 b.$976.02 OC $1.457.85 Od $1.235.47 Oe. $1,147.00

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