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A firm plans to raise $94 million by issuing 12 - year, 6.54 percent semiannual coupon bonds with face value of $1,000 and yield to

A firm plans to raise $94 million by issuing 12 - year, 6.54 percent semiannual coupon bonds with face value of $1,000 and yield to maturity of 5.26 percent. What is the minimum number of these bonds the firm needs to sell to meet its objective?

84,469

63,988

88,217

66,722

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