Question: need help, please #2 + Caspian Sea Drinks needs to raise $25.00 million by issuing bonds. It plans to issue a 20.00 year semi-annual pay
need help, please
#2 + Caspian Sea Drinks needs to raise $25.00 million by issuing bonds. It plans to issue a 20.00 year semi-annual pay bond that has a coupon rate of 5.01%. The yield to maturity on the bond is expected to be 4.81%. How many bonds must Caspian Sea issue? (Note: Your answer may not be a whole number. In reality, a company would not issue part of a bond.) Submit Answer format: Number: Round to: 0 decimal places. unanswered not_submitted Attempts Remaining: Infinity #3 + The market price of a semi-annual pay bond is $980.39. It has 24.00 years to maturity and a yield to maturity of 7.33%. What is the coupon rate? Submit Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) unanswered
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