Carlos's credit card has an apr of 14.78% and a grace period of 18 days, and carlos pays his balance in full every month. if his last billing cycle ended on march 28, 2010, and he made his payment on april 13, 2010, did he owe any interest on his last statement's balance? a. yes, because he didn't pay within the grace period.

Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?