Seabiscuit Industries needs to raise $66.11 million to fund a new project. The company will sell bonds that have a counon rate of 13 percent paid semiannually and that mature in 20 years. The bonds will be sold at an initial YTM of 15.25 percent and have a par value of $2,000. How many bonds must be sold to raise the necessary funds? 19,869 28,547 38,754 38908 38,425