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A firm plans to raise $60 million by issuing 13 - year, 6.20 percent semiannual coupon bonds with face value of $1,000 and yield to

A firm plans to raise $60 million by issuing 13 - 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 meet its objective?

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65,919

55,908

64,882

54,763

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