spt Garrett Company's outstanding bonds have a $1,000 par value and they mature in 25 years Thelt nominal annual yield to maturity is 790%. They pay interest semiannually and sellata price of $875. What is the bond's nominal coupon interest rate? Your answer should be between 4.25 and 9.40, rounded to 2 decimal places, with no special characters > Question 20 5 pts Blackstone Energy is planning to issue two types of 25 year, non-callable bonds to raise a total of $6 million. First, 3,000 bonds with a 10% annual coupon rate will be sold at their $1,000 par value to raise $3 million. Second, original issue discount (011) bonds, also with a 25-year maturity and a $1,000 par value, will be sold, but these bonds will have a nominal coupon of only 7.20%, also with annual payments. The OID bonds must be offered at a discount G.e., below par) In order to provide investors with the same yleld as the par bonds. How many OID bonds must the form issue to raise the other $3 million? You may round your answer up or down to a whole number of bonds Hint: Calculate the price of OID bonds (given the nominal coupon rate and yield of 10%), and divide that price into the $3 million. Your answer should be between 3150 and 4850, with no special characters MacBook Air