Phili Manufacturing, Inc. bonds have a face value of $1,000, a coupon rate of 6.5 percent, semiannual interest payments, and mature in 19 years. What is the current price of these bonds if the yield to maturity is 6.65 percent?

A) $983.95

B) $1,001.28

C) $989.56

D) $972.46

E) $639.17