You'd like to buy a 20-year, noncallable bond with an annual coupon rate of 8.4% paid semi-annually. The bond has a par value of $1,000. If you require an 7.75% nominal yield to maturity on this investment, what should you be willing to pay for the bond? a. $1065.02 b. $1912.53 c. $1044.66 d. $565.07 e. $1065.54