11. Catepillar's corporate bond has a coupon rate of 7%, a yield to maturity of 10.5%, a face value of $1,000, and a market price of $950. Therefore, the annual interest payments is: a) $90.00 b) $105.00 c) $70.00 d) $99.75 12. Starbucks' bonds have a 10% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 10 years from now. Compute the value of Starbucks' bonds if the investors' required rate of return is 8%. a) $1,177.00 b) $1,057.00 c) $1,135.50 d) $1,134.00