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10. A firm plans to raise $100 million by issuing 20 - year, 6.20 percent semiannual coupon bonds with face value of $1,000 and yield
10.
A firm plans to raise $100 million by issuing 20 - year, 6.20 percent semiannual coupon bonds with face value of $1,000 and yield to maturity of 5.18 percent. What is the minimum number of these bonds the firm needs to sell to achieve its objective?
Group of answer choices
91,745
94,216
83,172
88,802
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