Beach Snow Ltd plans on raising $10 million on 29th November 2022 through the issue of 6% p.a. 29 th November 2027 corporate bonds. These bonds pay coupon payments on a quarterly basis and have a face value of $1,000. Current yields on similar risk bonds in the marketplace are 7.5% p. compounded semiannually. What is the number of bonds that the company has to issue for this capital raising if the bonds need to be issued at a 5% discount? Your response must be entered as a numerical value with 2 decimal places and excluding the dollar sign (\$)