4. Jackie is considering the purchase of ten $1,000 face value bonds with a maturity period of 5 years. The bonds pay coupons at a rate of 5%; however, payments are made every half-year. In order for Jackie to earn 10%, compounded semi- annually, the most she should pay for the bonds is closest to... a) $7,825 b) $11,091 c) $10,000 d) $5,392 e) $8,070 f) $8,104