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Chadron Motors just issued 2 3 0 , 0 0 0 zero - coupon bonds. These bonds mature in 1 8 years, have a par

Chadron Motors just issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a
par value of $1,000, and have a yield to maturity of 7.41 percent. What is the approximate total
amount of money the company raised from issuing these bonds? Assume semiannual compounding.
$75.14 million
$80.76 million
$62.08 million
$91.84 million
$88.20 million
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