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You are considering investing in a 1 0 - year zero coupon bond that compounds interest semi - annually. The face value of the bond

You are considering investing in a 10-year zero coupon bond that compounds interest semi-annually. The face value of the bond is $1,000. If the current market rate is 5.40 percent, what is the maximum price you should have to pay for this bond? (Round intermediate calculations to 5 decimal places, e.g.1.25145 and final answer to 2 decimal places, e.g.52.75.)
Maximum price to be paid $
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