Question: please show STEPS and the answer is 12229. thanks 4.1.3 A zero-coupon bond pays no coupons and only pays a redemption amount at the time

please show STEPS and the answer is 12229. thanks

4.1.3 A zero-coupon bond pays no coupons and only pays a redemption amount at the time the bond matures. Greta can buy a zero-coupon bond that will pay 10,000 at the end of 10 years and is currently selling for 5,083.49. Instead she purchases a 10% bond with cou- years. If she pays X she will earn the same annual effective interest ) A a pons payable semi-annually that will pay 10,000 at the end of 10 rate as the zero coupon bond. Calculate X

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