Question 18 (2.5 points) Infinitive Photography wants to raise $35,000,000 by selling corporate bonds. The company plans to issue $5,000 par bonds with a 8.9% coupon rate (annual payments). The bonds will mature in 25 years. If the market assigns a yield to maturity of 14.4% to these bonds, Infinitive Photography will need to sell bonds (rounded up to the nearest whole number) to raise the needed $35,000,000. Enter your answer as a whole number rounded up, but do not include any commas with your answer. For example, record 23,217.18 bonds as 23218. Your Answer: Answer Previous Page Next Page Page 18 of 41