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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?
Group of answer choices
54,763
55,908
64,882
65,919
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