A corporate bond with a face value of $100,000 was issued six years ago and there are four years remaining until maturity.The bond pays semi-annual coupon payments of $4500, the coupon rate is 9% pa paid twice yearly and rates in the marketplace are 9.4% pa compounded semi-annually.What is the value of the bond today?

a. $98,196.97

b. $100,000.00

c. $98,975.05

d. $84,263.76

e.$98,691.54