Assume that Lynas Ltd. would like to raise $1,000,000 with a new issuing of bonds. Assume that the issue will have a coupon rate of 4% with a 5 year maturity. Assume this are semi-annual coupon bonds and each have a face value of $1,000. The required rates of return for similar bonds in the market is 8%. (a) What would be the issuing price of these bonds? (b) How many bonds Lynas Ltd. will have to issue?