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Bowiatru is looking to expand its operations and wishes to raise $1.000.000 by issuing year, Coupon semiannual bonds with a face value of $1.000. If

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Bowiatru is looking to expand its operations and wishes to raise $1.000.000 by issuing year, Coupon semiannual bonds with a face value of $1.000. If their investment banks supress the current market return on such bonds is 11% and they charge a commission on the proceeds, how many bonds does Bowlafruit need to sell to meet its financing goal 1074 1.506 1,289 2.227

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