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Caspian Sea Drinks needs to raise $ 3 6 . 0 0 million by issuing bonds. It plans to issue a 1 2 . 0

Caspian Sea Drinks needs to raise $36.00 million by issuing bonds. It plans to issue a 12.00 year semi-annual pay bond that has a coupon rate of 5.19%. The yield to maturity on the bond is expected to be 4.81%. 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.)
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