Suppose that a bond pays coupons semi-annually and has a coupon rate of 15% with a maturity of 5 years. A bond investor is expected to receive 10 (2 x 5 years) coupon payments, each paying  7.5 (15/2) over the five-year period and receive par value after 10 periods.  Then, the value of this semi-annual coupon paying bond is   107,1888, so the correct answer is E.