Q15. A Fletchbuild coupon bond matures in four years, pays an semi-annual coupon rate of 10.5 % and will be redeemed at a face value of $1,000 at maturity. If you require a semi-annually compounded return of 12 % on this investment what is the most you should be willing to pay for this bond? A. $ 941.71 B. :3 953.43 C. $ 968.11 D $1,000.00 E $1,047.04