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Setrakian Industries needs to raise $ 9 9 . 4 million to fund a new project. The company will sell bonds that have a coupon
Setrakian Industries needs to raise $ million to fund a new project. The company will sell bonds that have a coupon rate of percent paid semiannually and that mature in years. The bonds will be sold at an initial YTM of percent and have a par value of $ How many bonds must be sold to raise the necessary funds? Round your intermediate calculations to two decimal places and final answer to the nearest whole number.
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bonds
bonds
bonds
bonds
bonds
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