Suppose your company needs to raise $53 million and you want to issue 25-year bonds for this purpose. assume the required return on your bond issue will be 4.6 percent, and you're evaluating two issue alternatives: A semiannual coupon bond with a coupon rate of 4.6 percent and a zero coupon bond. Your company's tax rate is 24 percent. both bonds will have a par value of $2,000.