Corporate Finance -5th edition by Ross, Westerfield ...

Chapter 5 Closing case: page 164

Please provide me a answer of each question with every steps and detail explanation

Question 2. How many of the coupon bond must East Coast Yachts issue to raise the $45million? How many of the zeros must it issue?

Question 3. In 30 year, what will be the principal repayment due if East Coast Yachts issues the coupon bonds? what if it issue the zeros?

Question: 7. After considering all the relevant factor, would recommend a zero coupon issue or a regular coupon issue? why? would you recommend an ordinary call feature or a make- whole call feature? why?