DEF Co.'s 15-year bonds have an annual coupon rate of 7.75%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the prevailing interest rate on bonds of similar risk and maturity is 6.25%, what is the current market price of the bonds? O$1,143.33 $1,144.66 $868.32 $1,198.99 O $869.62

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