Transcribed image text: Bowlafruit is looking to expand its operations and wishes to raise $2,000,000 by issuing 30 year, 7% coupon, semi-annual bonds with a face value of $1,000. If their investment banks suggests the current market return on such bonds is 8% and they charge a 3% commission on the proceeds, how many bonds does Bowlafruit need to sell to meet its financing goal? a. 2,790 b. 1,937 c. 1,345 d. 1,614 e. 2,325