The Home Depot Corporation Has Issued $80,000,000 in Bonds and They

The Home Depot Corporation has issued $80,000,000 in bonds and they are required to set up a sinking fund that will provide enough money to retire 75% of the bond issue when it matures in 30 years. They will make equal semiannual deposits that will earn 8% compounded semiannually. After 25 years, what will be the book value of the debt?

A) $38,489,006
B) $71,486,397
C) $80,000,000
D) $28,681,325
E) $41,510,993