TRU Inc. is planning to issue a $$1,000$ face$-$value bond with an annual coupon rate of $7\mathrm{.}5\%$ that matures in $5$ years. TRU is planning to pay quarterly interest payments. Similar TRU bonds are quoting at $97\mathrm{.}5\%$ of par. What is the price that bond holders will pay for this bond?

$$97\mathrm{.}50$

$$1,000\mathrm{.}00$

$$975\mathrm{.}00$

$$750\mathrm{.}00$

None of the above