Assume bonds value is 1,000 $

4. Caspian Sea Drinks plans to raise $50 million by issuing bonds. They plan to issue a 20-year, semi-annual pay bond with a coupon rate of 6.00%. They believe the market will require a 6.20% yield-to-maturity. If this estimate is correct the bonds will sale for $ each. Use information in #4. How many bonds will Caspian Sea Drinks need to sell? Round to the nearest whole number.) 5