Your friend tells you over coffee that they bought a zero coupon bond with a maturity of 7 years for 80 USD. However for some reason they cannot remember the bond's face value. You want to demonstrate your knowledge acquired in class to help your friend's memory. You go online on your phone and check the yield to maturity on the type of bond your friend bought, which is 5%. What must be the face value (rounded to one decimal)?

A.

There is not enough information to compute the face value

B.

80 USD

C.

84.0 USD

D.

56.9 USD

E.

76.2 USD

F.

112.6 USD