You Have $10,000 to Invest

You have $10,000 to invest. The First National Bank offers one-year certificates of deposit with a stated rate of 5.50% compounded quarterly. What rate compounded semi-annually would provide you with the same amount of money at the end of one year?

A) 5.487%
B) 5.500%
C) 5.507%
D) 5.512%
E) 5.538%