bond years30 couponsZeroes FV assumed$1,000PV= $196,.376794701 CPN Rate5.50%Zeroes Needed to issues= 229,151 YTM5.50% Tax Rate35% Needed Amount$45,000,000,00 coupon needed to issue 45,000,000/1000= 45,00 In 30 years, what will be the principal repayment due if the ECY issues the coupon bond coupon45,000,000 *5.5% CPN =2,475,000.00Principa CPN Amount$55.00 Principal Repayment Due45,000*1,055=45,000.000*5.5% = $47475.000.00$47,475,000.00 The principal repayment dues are $47,475,000.00 and $229,151,311.23 for counpon bo
Srminal Annual Rate=5.5/2= 2.72% NPER = 30*2 = 60 PMT = 0 FV = 100 ECY SHOULD ISSUE 45,000 IN COUPON BONDS AND 229, 551 IN ZEROES ds ? What if it issues the zeroes? Zeroes229551*1000 al repayment due = 229,151,311.23 nds and zeroe coupon bonds respectively
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