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Business, 12.12.2019 01:31 rayrayy91

Lunar vacations needs to raise $ 6,100,000 for its new project? (a golf course on the? moon). astro investment bank will sell the bond for a commission of 2.5 %. the market yield is currently 7.5 % on? twenty-year semiannal bonds. if lunar wants to issue a 6.4 % semiannual coupon? bond, how many bonds will it need to sell to raise the $ 6,100,000? ? assume that all bonds are issued at a par value of $ 1 comma 000. how many bonds will lunar need to sell to raise the ? $6,100,000? ?

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