King Noodles’ bonds have a 9% coupon rate. Interest is paid quarterly and the bonds have a maturity of 10 years. If the appropriate discount rate is 10% on similar bonds, what is the price of King Noodles’ bonds?

937. A) $937.24
938. B) $938.55
939. C) $971.27
940. D) $989.63
941. E) $991.27