Solve the Problem $6.2 \%$ (Compounded Semiannually) with a Price Of $\$ 8007$

Multiple Choice

Solve the problem.
-Find the face value (to the nearest thousand dollars) of the 30 -year zero-coupon bond at $6.2 \%$ (compounded semiannually) with a price of $\$ 8007$ .

A) $\$ 60,000$
B) $\$ 50,000$
C) $\$ 60,800$
D) $\$ 50,500$