23. Peter Parker Corp, plans to issue a $1,000 par value, semi-annual pay bond with 20 years to maturity and a coupon rate of 5.50%. The company expects the bonds to sell for SX3000, MC Inc's cost of debt is estimated to be a. 7.00 c. 7.21 d. 7.32 e. 7.43 24. The same firm issues two different bonds. The bonds are identical in every respect except for their time to maturity. Bond A matures in 5 years and Bond B matures in 7 years. Which bond has a higher price? a. Bond A b. Bond B c. Both have the same value d. One must know YTM and coupon rate to answer the question. e. One must know the compounding frequency to answer the