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A bond with 100 redemption value, semiannual coupons of 100r, a term of 10 years and a yield rate of 10% convertible semi-annually has a

A bond with 100 redemption value, semiannual coupons of 100r, a term of 10 years and a yield rate of 10% convertible semi-annually has a book value of 105.84 immediately after the second coupon payment.

Find the book value immediately after the tenth coupon payment.

A. 104.84

B. 103.84

C. 104.38

D. 0

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