Caspian Sea Drinks needs to raise $34.00 million by issuing bonds. It plans to issue a 15.00 year semi-annual pay bond that has a coupon rate of 5.06%. The yield to maturity on the bond is expected to be 4.72%. 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.)

The market price of a semi-annual pay bond is $972.74. It has 26.00 years to maturity and a yield to maturity of 7.11%. What is the coupon rate?