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Things Get Messi Enterprises is issuing now bonds for a capital budgeting project. The bonds wal have 25.00 year maturitios with a coupon rute of

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Things Get Messi Enterprises is issuing now bonds for a capital budgeting project. The bonds wal have 25.00 year maturitios with a coupon rute of 6.50% APP with semi-annual coupon payments (assume a tace value of $1,000 on the bond) The current makbot rate for similar bonds is 6.62% APA. The company hopes to raise $41.00 milion with the new issue. Bahed on the cumpent market rate, what will a new bond soll for? Answer format Curroncy: flound ros 2docimal placos. Things Get Messi Enterprises is issuing now bonds for a capital budgeting project. The bonds wal have 25.00 year maturitios with a coupon rute of 6.50% APP with semi-annual coupon payments (assume a tace value of $1,000 on the bond) The current makbot rate for similar bonds is 6.62% APA. The company hopes to raise $41.00 milion with the new issue. Bahed on the cumpent market rate, what will a new bond soll for? Answer format Curroncy: flound ros 2docimal placos

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