Wine and Roses, incorporated, offers a bond with a coupon of 6.5 percent with semiannual payments and a yield to maturity of 7.25 percent. The bonds mature in 13 years. What is the market price of a $1,000 face value bond?
? $937.54
$1,541.33
$1,060.64
$1,478.87
$1,396.21