1. Why is the concept or term “Petro-Yuan“ so Compare and contrast new debt offerings to new offerings of equity in the form of stock. Specifically, be sure to comment on the direct and indirect costs of new public debt versus new public equity.troubling to the United States and the US dollar?
2. Suppose a ten-year,$1,000bond with an 8.7%coupon rate and semiannual coupons is trading for $1,034.88.a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)?b. If the bond's yield to maturity changes to 9.2%APR, what will be the bond's price?