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Seliling bonds. Lunar Vacations needs to ralse $5,700,000 for its new project (a golf course on the moon). Astro linvestnient Bank will sell the bond

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Seliling bonds. Lunar Vacations needs to ralse $5,700,000 for its new project (a golf course on the moon). Astro linvestnient Bank will sell the bond for a corimission of 2.8%. The market yiaid is currently 7.7% on twenty-year semiannual bonds. If tunar wants to issue a 5.8% semiannual coupon bond, how many bonds will it need to sell to raise the $5,700,000 ? Assume that all botids are bsued at a par value of $1,000 How many bonds will Lunar need to sell to ralse the $5.700.000 ? (Round to the nearest whole number)

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