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cosmic communications inc is planning two new issues of 25 year bonds. Bond par will be sold at its $1000 par value, and it will have a 10%...

cosmic communications inc is planning two new issues of 25 year bonds. Bond par will be sold at its $1000 par value, and it will have a 10% semiannual coupon. Bond OID will be an Original Issue Discount bond, and it will also have a 25 year maturity and a 100 par value, but its semiannual coupon will only be 6.25%. If both bonds are to provide investors with the same effective yield, how many of the OID bonds must Cosmic issue to raise 3,000,000? Disregard flotation costs, and round your final answer up to a whole number of bonds.

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