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show the steps please Assume a par value of $1,000. Caspian Sea plans to issue a 26.00 year, annual pay bond that has a coupon

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Assume a par value of $1,000. Caspian Sea plans to issue a 26.00 year, annual pay bond that has a coupon rate of 17.00%. If the yield to maturity for the bond is 17.0%, what will the price of the bond be? Caspian Sea Drinks needs to raise $27.00 million by issuing bonds. It plans to issue a 15.00 year semi- annual pay bond that has a coupon rate of 5.17%. The yield to maturity on the bond is expected to be 4.71%. 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.)

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