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Caspian Sea Drinks needs to raise $32.00 million by issuing bonds. It plans to issue a 13.00 year semi-annual pay bond that has a coupon

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Caspian Sea Drinks needs to raise $32.00 million by issuing bonds. It plans to issue a 13.00 year semi-annual pay bond that has a coupon rate of 5.08%. The yield to maturity on the bond is expected to be 4.85%. 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.) Answer format: Number: Round to: O docimal places. The market price of a semi-annual pay bond is $976.25. It has 18.00 years to maturity and a yield to maturity of 7.49%. What is the coupon rate? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Derek borrows $327,216.00 to buy a house. He has a 30-year mortgage with a rate of 4.54%. After making 105.00 payments, how much does he owe on the mortgage? Answer format: Currency: Round to: 2 decimal places

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