Caspian Sea Drinks needs to raise $49.00 million by issuing bonds. It plans to issue a 13.00 year semi-annual pay bond that has a coupon rate of 5.03%. The yield to maturity on the bond is expected to be 4.76%. 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 $984.87. It has 20.00 years to maturity and a yield to maturity of 7.30%. What is the coupon rate?