Homework: Chapter 15 Homework Save Score: 0 of 1 pt 5 of 10 (2 complete) HW Score: 10%, 1 of 10 pts P15-10 (similar to) Question Help Selling bonds. Lunar Vacations needs to raise $5,900,000 for its new project (a golf course on the moon). Astro Investment Bank will sell the bond for a commission of 2.8%. The market yield is currently 7.9% on twenty-year semiannual bonds. If Lunar wants to issue a 6.1% semiannual coupon bond, how many bonds will it need to sell to raise the $5,900,000? Assume that all bonds are issued at a par value of $1,000. How many bonds will Lunar need to sell to raise the $5,900,000? (Round to the nearest whole number.)