$)$ Seaside issues a bond that has a stated interest rate of $9\%,$ face amount of $$40,000,$ and is due in $6$ years. Interest payments are made semiannually. The market rate for this type of bond is $10\%.$ What is the issue price of the bond?

$$ a$)$ $$40,000$

$$ b$)$ $$62,274$

$$ c$)$ $$38,228$

$$ d$)$ $$66,954$