12. Investors should require the highest rate of return on which one of the following bonds that are issued by the same issuer and have the risk? same maturity and credit A) Open-free bond B) Callable Bond C) Puttable Bond D) Convertible Bond 13. If the coupon rate the required yield, the price of a bond A. exceeds; is less than B. equals; equals C. is less than; is greater than par value. 14. A coupon bond that pays interest of 10% annually has a par value of $1,000, matures in 5 years, and is selling today at $928. The yield to maturity on this bond is A) 6.00% B) 10.00% C) D) 8.33% 12.00%