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Score: 0 of 1 pt 6 of 10 (2 complete) HW Score: 20%, 2 of 10 pts P15-12 (similar to) Question Help Selling bonds. Rawlings

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Score: 0 of 1 pt 6 of 10 (2 complete) HW Score: 20%, 2 of 10 pts P15-12 (similar to) Question Help Selling bonds. Rawlings needs to raise $42,700,000 for its new manufacturing plant in Jornaion Borkman Investment Bank will soll the bond for a commission of 23%. The market yield is currently 73% on twenty-year zero-coupon bonds. If Rawlings wants to sue a zero-coupon bond, how many bonds will it need to solto Toll raise the $42,700,000? Assume that the bond is semiannual and issued at a par value of $1,000. How many bonds will Rawlings need to sell to mine the 512,700,000? (Round to the nearest whole number.) e 6 ents lerts TAMEWO by ale Ele ale alert ARADOX PTION leader NG THE XURY WITHAR CT IN THE Enter your answer in the answer box and then click Check Answer HOLOGIC All parts showing Clear All Check An ... 3 5 3 A

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