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 are 6.3%, how many of these bonds will the company have to sell today, to raise the full $20 million? (Round up to the next whole number).

1,875

543

1,843

1,000