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Amount issued $440 million Offered Issued at a price of 98.75% plus accrued interest (proceeds to company 98.717%) through Citi and JPMorgan. Interest 10.25% per

Amount issued $440 million
Offered Issued at a price of 98.75% plus accrued interest (proceeds to company 98.717%) through Citi and JPMorgan.
Interest 10.25% per annum payable June 15 and December 15.
Maturity June 15, 2041
Denomination, face value, or principal $1,000

a. The ATAM bond was issued on June 1, 2011, at 98.75%. How much would you have to pay to buy one bond delivered on June 15? Dont forget to include accrued interest. Assume a 365-day year. (Do not round intermediate calculations. Enter your answer as a percent of par rounded to 3 decimal places.)

b-1. When is the first interest payment on the bond?

b-2. What is the total dollar amount of the payment? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)

c-1. On what date do the bonds finally mature?

c-2. What is the amount to be paid on each bond at maturity? (Do not round intermediate calculations. Enter your answer to 2 decimal places.)

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