Teva Inc. recently issued 10-year bonds at a price of $1,000. These bonds pay $60 in interest each six months. Their price has remained stable since they were issued, i.e., they still sell for $1,000. Due to additional financing needs, Teva wishes to issue new bonds that would have a maturity of 10 years, a face value of $1,000, and pay $40 in interest every six months. If both bonds have the same yield, how many new bonds must Teva issue to raise $4,000,000 cash? 3,478 5,192 5,418 4,275 2,596