You work as analyst for the CFO for a smaller exchange traded company. The CFO says we are getting ready to do a new five-year bond offering tomorrow (bonds have a five year life). We plan selling 50,000 bonds at $1,000 each for $50 Million total. The bonds have a 7% interest rate with interest paid once per year. Unfortunately, the investment banker just called, and they plan pricing this offering for 8% yield to maturity. The bonds will pay 7% interest rate. However, the market demands we pay 8%. The CFO asks you: we planned getting $50 Million, how much we will now get from the offering net of the 2% fee the investment bankers get on the amount of $ they raise for us?