SONO Ltd. Four Years Ago,   Raised $30 Million By Issuing 15-Year $1,000 Par Value Bonds That Carry 6.8% Coupon Rate, Payable Semiannually. SONO Ltd. Is Currently Announcing To Raise Another $20 Million By Issuing 15-Year Zero Coupon Bonds That Discount Semi-Annually. The Current YTM On These Bonds Is 9%. (A) Calculate The Number Of The 15-Year

 

on these bonds is 9%. (a) Calculate the number of the 15-year coupon bonds that SONO Ltd. issued to raise the $30 million four years ago. What will be the company's repayment be at the maturity date of the 15-year coupon bonds? Calculate the current bond prices of the 15-year coupon bonds and 15-year zero coupon bonds.  (c) Calculate the number of the 15-year zero coupon bonds that SONO Ltd. currently issues to raise the $20 million. What will be the company's repayment be at the maturity date of the 15-year zero coupon bonds?