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8. The MerryWeather Firm wants to raise $10 million to expand their business. To accomplish this, the company plans to sell 30-year, $1,000 face value

8. The MerryWeather Firm wants to raise $10 million to expand their business. To accomplish this, the company plans to sell 30-year, $1,000 face value zero-coupon bonds. The bonds will be priced to yield 5.5%. What is the minimum number of bonds the company must sell to raise the $10 million they need? Assume annual compounding. A. 49,841 B. 52,667 C. 57,435 D. 60,000 E. 117,435

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