Caspian Sea Drinks needs to raise $36.00 million by issuing bonds. It plans to issue a 12.00 year semi-annual pay bond that has a coupon rate of 5.12%. The yield to maturity on the bond is expected to be 4.71%. 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 $985.44. It has 19.00 years to maturity and a yield to maturity of 7.39%. What is the coupon rate?

Derek borrows $292,818.00 to buy a house. He has a 30-year mortgage with a rate of 4.16%. After making 110.00 payments, how much does he owe on the mortgage?