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Selling bonds. Rawlngs needs to raise $33,500,000 foc its new manufacturing plant in Jamaica. Borkman inveatment Bank will soll the bond for a commiseion of

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Selling bonds. Rawlngs needs to raise $33,500,000 foc its new manufacturing plant in Jamaica. Borkman inveatment Bank will soll the bond for a commiseion of 2.7. The market yield is sechiannual and issued at a par value of $1,000. How many bonds will Rawings need to seil to rase the $38,600,000 ? (Round to the nearest whole number)

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