On 4 February 2010 a company issued a bond with a face value of $250,000 that matures exactly 25 years later.The coupon rate is 5% p.a. compounded half-yearly.What is the bond's value on 4 February 2020 assuming the market yield is 6% p.a. compounded half-yearly.

a. $276,162.87

b. $225,719.38

c. $122,502.76

d. $235,077.58

e.$225,499.45