Suppose your company needs to raise $$25$ million and you want to issue $15-$year bonds for this purpose. Assume the required return

on your bond issue will be $5$ percent, and you're evaluating two issue alternatives: An $5$ percent semiannual coupon bond and a zero

coupon bond. Your company's tax rate is $35$ percent.

a$.$ 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?

$($Do not round Intermediate calculations. Round the final answers to the nearest whole number. Enter the answer in dollars.$)$

Number of coupon bonds to sell

Number of zero coupon bonds to sell

b$.$ In $15$ years, what will be the last cash outflow associated with the coupon bonds? $($Do not round Intermedlate calculations. Round

the final answers to the nearest whole number. Enter the answer in dollars. Omit $ sign in your response.$)$

Coupon bonds repayment

$$26,310,980$

zero coupon bonds repayment

$$25,000,000$