Suppose you want to buy a bond that has a face value of $ 1,000 with a maturity period of five years. The coupon rate is 8%. Discount factor: year 1 = 0.917, year 2 = 0.842, year 3 = 0.772, year 4 = 0.708, year 5 = 0.650. What is the maximum price you should be willing to pay for the bond?

$ 961.12

$ 1042.32

$ 1,000

$ 1,080