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Latham Motors has a $1,000, 6.75% coupon bond outstanding with a yield to maturity of 6.65%. The bond matures in 10.5 years and pays interest

Latham Motors has a $1,000, 6.75% coupon bond outstanding with a yield to maturity of 6.65%. The bond matures in 10.5 years and pays interest semiannually. What is the current market price of this Latham bond?

$889.80

$999.85

$1,003.72

$1,004.97

$1,007.47

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