Question: need help with question 15 and 16 please. Question 15 (4 points) Yes They May, Inc. has a bond issue outstanding with a $1,000 par

need help with question 15 and 16 please. need help with question 15 and 16 please. Question 15 (4 points)

Question 15 (4 points) Yes They May, Inc. has a bond issue outstanding with a $1,000 par value and a maturity of 18 years. The bonds have an annual coupon rate of 15.0% with quarterly coupon payments. The current market price for the bonds is $860. The bonds may be called in 6 years for 115.0% of par. What is the quoted annual yield-to-maturity for the bonds? 20.43% 4.39% 18.37% 17.58% 32.75% Question 16 (4 points) Forever, Inc.'s preferred stock has a par value of $700 and a dividend equal to 17.0% of the par value. The stock is currently selling for $984.00. What discount rate is being used to value the stock? 12.72% 12.09% 13.29% Type here to search of 9

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