Last Year,BT Motors Issued 10-Year Bonds with a 9 Percent

Last year,BT Motors issued 10-year bonds with a 9 percent coupon and semi-annual interest payments.What is the market price of a $1,000 bond if the yield to maturity is 8.9 percent?

A) $1,003.97
B) $1,006.53
C) $1,042.89
D) $1,414.14
E) $1,585.36