You plan to buy a 10-year bond that pays interest of $55 every six months and has a maturity value of $1,000. You require a 12% annual rate of return. If you plan to hold this bond for only five years (you would sell it after receiving coupon payments 1-10, and the buyer would then receive coupon payments 11-20), but believe that the market (investors) will require a nominal rate of return of only 10% at this time, then what should you be willing to pay for this bond today?

A. $952.81

B. $984.76

C. $1017.32

D. $1041.93

E. $1060.47