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4 points Luther lndustries needs to raise $2.5 million to fund s new fotrice comples. The company plans on issuing ten-year bonds with a face

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4 points Luther lndustries needs to raise $2.5 million to fund s new fotrice comples. The company plans on issuing ten-year bonds with a face value of $1.000 and a conpot ie of 5.6 We (innsial payments). The following table summarizes the YTM for Similar ten-year corporate bonds of various credit natings: Assiming that Luther's bands receive a AA mating, the number of bonds that Luther maxt issue to raise the needed 525 million is closest to 22.278 33,417 38,987 27,848

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