Tesla corporation needs to raise funds to finance a plant expansion and it has descided to issues 30-year zero coupon bonds to raise the money. the required return on the bonds will be 12 percent. Assume a par value of 1000$ and semiannual compounding periods.

a. what will these bonds sell for at insurance?

b. Using the IRS amortization rule, what interest deduction can the company take on these bonds in the first year? In the last year?

c. Repeat part (b) using the straight-line method for the interest deduction.

(round your answers to 2 decimal places)