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Lunar Vacations needs to raise $ 5 , 7 0 0 , 0 0 0 for its new project ( a golf course on the
Lunar Vacations needs to raise $ for its new projecta golf course on the moon Astro Investment Bank will sell the bond for a commission of The market yield is currently on twentyyear semiannual bonds. If Lunar wants to issue a semiannual coupon bond, how many bonds will it need to sell to raise the $ Assume that all bonds are issued at a par value of $
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