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ABCD Company plans to raise $80,000,000 by issuing 23-year semiannual coupon bonds with coupon rate of 5.60%, yield to maturity of 6.10%, and face value

ABCD Company plans to raise $80,000,000 by issuing 23-year semiannual coupon bonds with coupon rate of 5.60%, yield to maturity of 6.10%, and face value of $1,000. How many bonds should ABCD sell in order to raise the $80,000,000 it needs?

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