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not excel answer 4 (RWJ Essentials 5ed Ch6 Problem23) [Zero Coupon Bonds] Suppose your company needs to raise $25 million and you want to issue

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4 (RWJ Essentials 5ed Ch6 Problem23) [Zero Coupon Bonds] Suppose your company needs to raise $25 million and you want to issue 20 -year bonds for this purpose. Assume the required return on your bond issue will be 7%, and you're evaluating two issue alternatives: a 7% annual coupon bond and a zero coupon bond with face value $1,000. How many of the coupon bonds would you need to issue to raise the $25 million? How many of the zeros would you need to issue? In 20 years, what will your company's repayments be if you issue the coupon bonds? What if you issue the zeros

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