15. The Brady Corporation has 2 different bonds (R and W) currently outstanding as described below: Bond R - $20,000 Face Value; 20 year Maturity; Scheduled interest payments are as follows: Years 1 - 6 - none; Years 7-14 - $1,100 every 6 months; Years 15 -20 - $1,400 every 6 months. All dollar amounts are positive. Bond W - $20,000 Face Value; 20 year Maturity; There are no scheduled interest payments over the life of the bond If the required return on both of these bonds is 5.6% compounded semi - annually, how much does the current price of Bond R exceed the price of Bond W? (Challenging Question) Between $10,000 - $12,000 Between $12,000 - $14,000 Between $14,000 - $16,000 Between $16,000 - $18,000 Between $18,000 - $20,000 Between $20,000 - $22.000