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Setrakian Industries needs to raise $96.2 million to fund a new project. The company will sell bonds that have a coupon rate of 6.04 percent

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Setrakian Industries needs to raise $96.2 million to fund a new project. The company will sell bonds that have a coupon rate of 6.04 percent paid semiannually and that mature in 30 years The bonds will be sold at an initial YTM of 6.85 percent and have a par value of $2.000. 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.) 53,598 bonds 96,200 bonds 185,900 bonds 66,997 bonds 48,100 bonds

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