Jackson's Has $1,000 Face Value,zero-Coupon Bonds Outstanding That Mature in 13.5

Multiple Choice

Jackson's has $1,000 face value,zero-coupon bonds outstanding that mature in 13.5 years.What is the current value of one of these bonds if the market rate of interest is 7.6 percent? Assume semiannual compounding.

A) $365.32
B) $401.12
C) $360.49
D) $378.17
E) $384.07