One of your friends purchased a zero coupon corporate bond (i.e., a bond that has no interest payments) for $7,800. The bond has a face value of $25,000 and is due in 15 years. If the bond is held to maturity, what rate of return will your friend make on the investment?

options:

	12.83%
	8.07%
	It cannot be determined with the information given.
	220.00%