Which of the following investments would have the highest present value (i.e. be most valuable)? Assume that the nominal rate is 10% with semi- annual compounding. a. Investment A pays $1,200 at the beginning of every year for the next 10 years (a total of 10 payments). O b. Investment B pays $600 at the end of every 6-month period for the next 20 years (a total of 40 payments). C. Investment E pays $1,200 at the end of every year for the next 20 years (a total of 20 payments). d. Investment C pays $600 at the beginning of every 6-month period for the next 20 years (a total of 40 payments). Mordor Corporation's bonds have a 15-year maturity, a 7.25% coupon rate with semiannual payments, and a par value of $1,000. The nominal interest rate stated as an APR is 5.00% required by the market. What is the bond's price today? (round to the second decimal place)