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Selling bonds. Lunar Vacations needs to raise $ 6 comma 5 0 0 , 0 0 0 for its new project ( a golf course

Selling bonds.Lunar Vacations needs to raise $ 6 comma 500,000 for its new project(a golf course on the moon). Astro Investment Bank will sell the bond for a commission of 2.5%. The market yield is currently 7.3% on twenty-year semiannual bonds. If Lunar wants to issue a 6.3% semiannual coupon bond, how many bonds will it need to sell to raise the $ 6 comma 500,000? Assume that all bonds are issued at a par value of $ 1,000.

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