You intend to purchase a Zero Coupon Bond that will mature in 30 years for $100,000. If your nominal annual required rate of return is 8 percent with semiannual compounding, how much should you be willing to pay for this bond?

TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW YOUR N I PV PMT FV BELOW. ALSO, YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT ANSWER.

You intend to purchase a Zero Coupon Bond that will mature in 30 years for $100,000. If your nominal annual required rate of return is 8 percent with semiannual compounding, how much should you be willing to pay for this bond? TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW YOUR N PV PMT FV BELOW. ALSO, YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT