Question: SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5 percent, with interest paid semiannually. The face value of the bonds is 1,000 dollar and the bonds mature on January 1, 2014. Calculate the intrinsic value [to the nearest dollar] of an SWH Corporation bond on January 1, 2008 to an investor with a required return of 6 percent?
[A] $916
[B] $947
[C] $888
[D] $925