Luther Industries needs to raise $250 million to fund a new investment. The company plans on issuing 20-year, $1,000 par value, 3.80% coupon bonds. If each bond is priced to yield 6.20% and will pay interest semi-annually, what is the number of bonds that Luther Industries must issue to raise the needed money (since the company cannot issue a fraction of a bond, round your answer to the nearest whole number)? N = I/Y= PV = PV = PMT= FV: = Your Answer = A A/ A A/