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Crimson Tide Incorporated has a bond trading on the secondary market that will mature in six years. The bond pays a semi-annual coupon with a

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Crimson Tide Incorporated has a bond trading on the secondary market that will mature in six years. The bond pays a semi-annual coupon with a coupon rate of 9.25% APR. Based on the economy and risk associated with Crimson Tide, you seek a 12.72% APR return on Crimson Tide debt. The face value of the bond is $1,000. What price are you willing to pay for the bond? Answer format: Currency: Round to: 2 decimal places. LBJ Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of 7.04% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.44% APR. The company hopes to raise $30.50 million with the new issue. Based on the current market rate, what will one of the new bonds sell for? Answer format: Currency: Round to: 2 decimal places. LBJ Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of 7.04% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.44% APR. The company hopes to raise $30.50 million with the new issue. To raise the debt, how many bonds must the company issue? (round to two decimal places) Answer format: Number: Aound to: 2 decimal places. Suppose that the Atlanta Falcons decide to fund part of their new stadium with 25.00-year zero coupon bonds. The team wants to raise $288.00 million with this bond issue. If investors seek a return of 4.73% on this investment, what face value will Mr. Blank have to put on the bonds? (express answer in terms of millions, so 1,000,000 would be 1.0)

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