Question: 7?? I need help asap! please provide full solution thanks Cinqua Terra Incorporated issued 10 -year bonds three years ago with a coupon rate of

7?? I need help asap! please provide full solution thanks Cinqua Terra Incorporated issued 10 -year bonds three years ago with a coupon rate of 8.75% APR. The bonds pay semi-annual coupons, have a face value of $1,000.00 each and were issued at par value. What is the price of the Cinque Terra bond's today if investors want a 6.37% APR return for bonds of similar risk and maturity? Answer format: Currency: Round to: 2 decimal places. LBJ Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 21.00 year maturities with a coupon rate of 7.50% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.96% APR. The company hopes to raise $34.50 million with the new issue. Based on the current market rate, what will one of the new bonds sell for? Answer format: Currency: Round to: 2 decimal places. LBJ Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 21.00 year maturities with a coupon rate of 7.50% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.96% APR. The company hopes to raise $34.50 million with the new issue. To raise the debt, how many bonds must the company issue? (round to two decimal places) Answer format: Number: Round to: 2 decimal places

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