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$4$

$10$ points

semiannual coupon bond and a zero coupon bond. Your company's tax rate is $35$ percent.

a$.$ How many of the coupon bonds would you need to issue to raise the $$17$ million? How many of the zeros would you need to issue? $($Do not round intermediate calculations. Round the final answers to the nearest whole number. Enter the answer in dollars.$)$

Number of coupon bonds to sell

Number of zero coupon bonds to sell

b$.$ In $20$ years, what will be the last cash outflow associated with the coupon bonds? $($Do not round intermediate calculations. Round the final answers to the nearest whole number. Enter the answer in dollars. Omit $ sign in your response.$)$

Coupon bonds repayment

Zero coupon bonds repayment