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You are undertaking a new investment opportunity and would like to issue bonds to fund the project. Each bond will be a 5-year zero-coupon bond

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You are undertaking a new investment opportunity and would like to issue bonds to fund the project. Each bond will be a 5-year zero-coupon bond with a $1,000 face value. If the bonds are to yield 796, how many of these bonds will you need to issue today in order to raise $15 million? a. 19,144 b. 20,073 C. 21,038 O d. 22,040 e. 23.079

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