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Caspian Sea Dnnks needs to raise $34.00 million by issuing bonds. It plans to issue a 20.00 year semi-annual pay bond that has a coupon

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Caspian Sea Dnnks needs to raise $34.00 million by issuing bonds. It plans to issue a 20.00 year semi-annual pay bond that has a coupon rate of 5.06% The yield to maturity on the bond is expected to be 4.83% How many bonds must Caspian Sea issue? (Note: Your answer may not be a whole number. In reality, a company would not issue part of a bond.) Sutimit Answer format: Number Round to: o decimal places

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