The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 9.3% and that the coupon payments are to be made semiannually.

Assuming the appropriate YTM on the Sisyphean bond is 7.9%, then the price that this bond trades for will be closestto:

A.

$1,268

B.

$846

C.

$1,480

D.