American Airlines Group has suffered massive losses with the grounding of its airplanes due to the COVID19 pandemic. It is planning on raising $25 million through new debt financing to pay its employees. It will issue 12% p.a. quarterly coupon bonds with a face value of $1,000. These bonds will mature in eight years' time. If current market yields are 10% p.a and the bonds will need to be issued at a 9% discount, how many bonds will American Airlines Group need to issue? O 24,608 0 23,589 O 25,364 O 21,688 O 22,394