A Semi-Annual Coupon Bond Has a 5 Percent Coupon Rate,a

A semi-annual coupon bond has a 5 percent coupon rate,a $1,000 face value,a current value of $1,020,and 3 years until the first call date.What is the call price if the yield to call is 5.5 percent?

A) $1,000
B) $1,020
C) $1,040
D) $1,060
E) $1,080