20.) A corporation can sell its new issue of $1000 par value bonds for a unit price of $930. The bonds would have 10 years to maturity and carry 9.5% coupon rate. (a) What would be the promised yield (YTM) to the investors? (b) Assuming the selling (issuance 31 transaction) costs amount to $25 per bond, what is the "all-in interest-rate" (all-in interest rate cost of bonds) to the issuer? (c) This rm can borrow from JPMorgan at 11% rate (AER) for 10 years, with no other fees. Should this rm issue bonds, or borrow from this bank