Question: need help with 13 and 14 Question 13 (4 points) XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years.

need help with 13 and 14 need help with 13 and 14 Question 13 (4 points) XZYY, Inc.

Question 13 (4 points) XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a stated annual coupon rate of 13.0% with annual coupon payments. The bond is currently selling for $907. The bonds may be called in 5 years for 113.0% of the par value. What is your expected quoted annual rate of return if you buy the bonds and hold them until maturity? 14.36% 17.78% 13.08% 20.99% 22.76% Question 14 (4 points) Again, Inc, bonds have a par value of $1,000, a 28 year maturity, and an annual coupon rate of 8.0% with annual coupon payments. The bonds are currently selling for $1,037. The bonds may be called in 3 years for 108.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible

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