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What is the price of a risk-free 7% annual coupon-paying bond with 3 years to maturity and a face value of $1,000, if the spot

What is the price of a risk-free 7% annual coupon-paying bond with 3 years to maturity and a face value of $1,000, if the spot rates for risk-free zero coupon bonds with 1, 2, and 3 years to maturity are 7.8%, 8.55%, and 8.8%, respectively? Please choose the answer that is closest to the correct answer.

$923.16

$892.76

$1,033.41

$988.88

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