1.Skylab Technologies issued 10-year bonds yesterday at their par value of $1,000. These bonds pay $60 in interest every six months, and their price has remained at the $1,000 issue price.Skylab's CFO has determined that the firm needs an additional $2,000,000, and has decided to issue 10-year, $1,000 par value bonds that pay only $40 in interest every six months.If both bonds are to provide investors with the same yield, how many new bonds must Skylab issue to raise $2,000,000?(Ignore the day or two difference between the bonds' issue dates and any bond flotation costs.)