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Question 13 2 pts Emu Ltd needs to raise additional debt financing through the issue of $56 million worth of corporate bonds. It will have

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Question 13 2 pts Emu Ltd needs to raise additional debt financing through the issue of $56 million worth of corporate bonds. It will have a face value of $1,000 and will mature in 15 years. These will be issued as 10% p.a. semi-annual coupon bonds. The current yield to maturity on corporate bonds with similar risk is 8.5% p.a. compounding semi-annually. How many bonds must Emu Ltd issue to raise their required amount of capital? O 49,327 O 49.215 O 49,741 O 49,653 O 49,501

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