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Not allowed. This tos Multiple Attempts Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Remaining Time: 1 hour, 53 minutes, 33 seconds. Question Completion Status: Question 9 of 30 > >> Moving to another question will save this response. Question 9 10 points Save Answer Guv-Mint Bales needs to raise $1,200,000,000 (1.2 Billion) in new debt to finance its survival. The debt will be priced at a yield to maturity of 6.48%. These will be 30 year bonds with a coupon rate set at 5% to be paid annually. The investment bankers are charging a flotation cost of 2.50%. Bonds will have a face value of $1,000 per bond. Compute the number of bonds to be issued and round to the second decimal place. Moving to another question will save this response. Question 9 of 30 MacBook Pro esc c Q Search or type URL @ & 1 2 $ 4 3 % 5 6 7 Q W E R T Y

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