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  3. score: 0 of 1 pt 6 of 10 ( complete) hw score: 0%,

Score: 0 of 1 pt 6 of 10 ( complete) HW Score: 0%, 0 of...

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Score: 0 of 1 pt 6 of 10 ( complete) HW Score: 0%, 0 of 10 pts Question Help P15-12 (similar to) Selling bonds. Rawlings needs to raise $35,600,000 for its new manufacturing plant in Jamaica, Berkman Investment Bank will sell the bond for a commission of 2.8%. The market yield is currently 7.6% on twenty-year zero-coupon bonds. If Rawlings wants to issue a zero-coupon bond, how many bonds will it need to sell to raise the $35,600,0007 Assume that the dissemiannual and issued at a par value of $1,000 How many bonds will Rawlings need to sell to raise the $35,600,000? (Round to the nearest whole number.) Enter your answer in the answer box and then click Check Answer All narts showing Glen Check

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