Suppose your company needs to ralse $$41\mathrm{.}6$ million and you want to issue $20-$year bonds for this pupose. Assume the required retum on your bond issue will be $6\mathrm{.}6$ percent, and you're evaluating two issue altematives: a semiannual coupon bond with a coupon rate of $6\mathrm{.}6$ percent and a zero coupon bond. The tax rate is $21$ percent. Both bonds will have a par value of $31,000.$

a$.$ How many of the coupon bonds would you need to issue to raise the S$41\mathrm{.}6$ million? How many of the zeroes would you need to issue?

Note: Do not round intermediate calculations. Round your coupon bond answer to the nearest whole number, e$.$g$.,32$ and your zero coupon bond answer to $2$ decimals, e$.$g$.,32\mathrm{.}16.$

b$.$ In $20$ years, what will your company's repayment be if you issue the coupon bonds? What if you issue the zeroes? Note: Do not round intermediate calculations and enter your answers in dollars, not millions, rounded to the nearest whole number, e$.$g$.,1,234,567.$

C$.$ Assume that the IRS amortization rules apply for the zero coupon bonds. Calculate the firm's aftertax cash outilows for the firstyear under the two difierent scenarios.

Note: Input a cash outilow as a negative value and a cash inflow as a positive value. Do not round intermediate calculations and enter your answers in dollars, not millions, rounded to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89.$

$\backslash$table$[[$B$.$ Number of coupon bonds,$],[2.$ Number of zeno coupon bonds,$],[$b$.$ Coupon bond repayment,$],[$b$.$ Zero coupon bond rapayment,$],[$G Coupon bond cash flow,$],[$e$.$ Zar coupon bond cash fiow,$]]$