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2 points 15. You are analyzing a corporate bond with the following characteristics. It has a $1,000 face value, 10 years to maturity, carries a

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2 points 15. You are analyzing a corporate bond with the following characteristics. It has a $1,000 face value, 10 years to maturity, carries a 20% coupon (paid annually) and it will sell at a price of 850. What is the yield to maturity? O 22.97% O 12.16% O 23.24% 16. A preferred share has a par or face 1 point value of $25 and a dividend rate of 8%. If investors require an 6% return to hold the preferred shares, what price will they trade at in the market? 33.33 O 18.75 O 312.5

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