#16 In early 2014, riots and protests occurred in the Ukraine resulting in the loss of life. A credit rating agency downgraded Ukraine debt from B to CCC. Suppose that the Ukraine has a zero-coupon bond that will mature in 12.00 years. Based on the table below, what is the new price of the Ukraine debt issue. (The bonds will pay $1,000 at maturity) unanswered not_submitted Credit Rating B BB BBB Attempts Remaining: 3 Yield to maturity 7.07% 6.82% 6.57% 6.42% Submit Answer format: Currency: Round to: 2 decimal places. #14 A tax-exempt municipal bond has a yield to maturity of 3.58%. An investor, who has a marginal tax rate of 33.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to maturity of more than %. unanswered Submit not_submitted Attempts Remaining: 3 Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))