Infinitive Photography wants to raise $35,000,000 by selling corporate bonds. The company plans to issue $5,000 par bonds with a 11.0% coupon rate (annual payments) The bonds will mature in 25 years. If the market assigns a yield to maturity of 15.1% to these bonds, Inifinitive Photography will need to sell _____ bonds (rounded to the nearest whole number) to raise the needed $35,000,000

9,871

9,944

9,212

9,504

9,154