A company wishes to raise $20,000,000 through the sale of a zero-coupon bond issue, in which the bonds will have a maturity of 10 years and a face value of $20,000 per bond. If the yield on these bonds will be equivalent to an APR of 6.3 percent with monthly compounding, how many of these bonds will the company have to sell to raise the full $20 million? (Round up to the next whole number.)

a. 2000

b. 1875

c. 7028

d. 67,873