Diamond Asset Consultants $($DAC$)$ Ltd is looking at raising additional capital through the

issue of $12\%$ p$.$a$.$ five$-$year corporate bonds. These bonds will have a face value of $$100$ and

make coupon payments on a semi$-$annual basis. If the market rate on similar companies$$ bonds

is currently $10\%$ p$.$a$.,$ what will be the issue price of DAC$$s corporate bonds?

A$.$ $$129\mathrm{.}44$

B$.$ $$107\mathrm{.}72$

C$.$ $$107\mathrm{.}58$

D$.$ $$92\mathrm{.}79$

E$.$ $$92\mathrm{.}64$