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At the beginning of her current tax yeat, Angela purchased a zero-coupon corporate bond at originaf issue for $46,500 with a yieid to maturity of

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At the beginning of her current tax yeat, Angela purchased a zero-coupon corporate bond at originaf issue for $46,500 with a yieid to maturity of 6 percent. Given that she will not actually receive any interest payments until the bond matures in 25 years, how much interest income will she report this year assuming semiannual compounding of interest? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places

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