SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5%, with interest paid semiannually. The face value of the bonds is 51,000 and the bands mature on January 1, 2014. What is the intrinsic value to the nearest dollar) of an SWH Corporation bond on January 1, 2008 to an investor with a required retum of 687 a 5888 b. 5925 c. $916 d. 5947