will up vote quick

Bonds with restrictive covenants or sinking funds should yield a return than bonds without ones. Bonds without should yield a higher return than bonds with ones lower; an indenture lower: convertible features higher: callable features higher; an indenture A 10% preferred stock is selling for $80 per share. The required rate of return on such stock in the market is 20%. How much is the average investor willing to pay for this preferred share? All percentages are annual rates. 20$ $30 $50 $40 A 6 percent coupon bond with 15 years to maturity should currently be selling at a price when the market interest rate is 2%. choice 2 and choice 3 only choice 2: higher than bonds with 3 years to maturity and all other features being the same choice 1: lower than bonds with 3 years to maturity and all other features being the same choice 3: higher than 1000