Question 1193716
* **Determine the monthly coupon payment:**
    * Annual coupon payment = Coupon rate * Face value 
                                = 0.12 * $100,000,000 
                                = $12,000,000
    * Monthly coupon payment = $12,000,000 / 12 months 
                                = $1,000,000

* **The total cost of the Watchtower space station is NOT directly related to the amount of bonds issued.**

* **Key Points:**

    * The $100 million bond issue is a method of financing the construction, not the total cost itself.
    * The actual cost of the Watchtower could be significantly higher or lower than $100 million depending on various factors like:
        * Design and complexity of the space station
        * Materials used in construction
        * Labor costs
        * Research and development costs
        * Unexpected challenges or delays during construction
        * Profit margins for the construction companies involved

**In summary:**

* The question provides information about how Wayne Enterprises is financing a portion of the Watchtower's construction (by issuing bonds), but it does not provide enough information to determine the total cost of the project.