You purchase 30 bonds with a coupon rate of 5.875% and a current market price of 89. The commission charge is $15.00 per bond. The date of the transaction is September 1, and the bond pays interest on January 1 and July 1. What is your total purchase price?

a.) $27,200.00

b.) $27,443.75

c.) $27,800.00

d.) $27,791.60