Selling bonds.Astro Investment Bank has the following bond deals under way. Determine the net proceeds of each bond and the cost of the bonds for each company in terms of yield. The bond yield in the table is the market yield before the bank charges its commission. Assume all bonds are semiannual and issued at a par value of $1,000.

Company	Bond Yield		Commission	Coupon Rate		Maturity
Gravity belts	7.6 %		2.4 % of sale price	7.6 %		10 years
Invisible rays	8.6 %		2.8 % of sale price	11.9 %		10 years
Solar glasses	6.9 %		2.3 % of sale price	4.7 %		20 years
Spaceships	12.1 %		4.1 % of sale price	0.0 %		20 years
Lunar vacations	9.6 %		2.8 % of sale price	9.6 %		50 years