You are offered $10,000 in 5 years. At an EFFECTIVE rate of 4(%)/(6)mo (this would be nominal 8(%)/(y)r), what is this deal worth today? (These happen to be identical terms for a zero-coupon bond with)
a) $8,155.84
b) $9,333.33
c) $9,661.84
d) $10,000.00