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25 The market price of a semi-annual pay bond is $979.18. It has 23.00 years to maturity and a yield to maturity of 7.47%. What is the coupon rate? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) unanswered not submitted Attempts Remaining: 3 #26 Caspian Sea Drinks needs to raise $22.00 million by issuing bonds. It plans to issue a 12.00 year semi- annual pay bond that has a coupon rate of 5.04%. The yield to maturity on the bond is expected to be 4.77%. 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.) 0 Submit Answer format: Number: Round to: o decimal places. Unanswered not submitted Attempts Remaining: 3