Suppose you are trying to raise $71898234 to fund a project and you are going to use 46% debt. An American corporate bond has a coupon rate of 1.4% and matures in 24 years. If the yield to maturity for bonds similar to this one is 3.8%, what is the number of similar bonds you would need to sell to raise the necessary funds?

An American corporate bond trades for 103. It carries a coupon rate of 8.8% and has a yield to maturity of 8.496% as an annual rate compounded semi-annually.

How many years does it take this bond to mature?