24,& 25

4 pts D Question 24 What would you pay for a bond that pays a coupon rate of 6%, pays on a semi-annual basis, has a face value of $1,000, matures in 6 years, and has a yield to maturity of 8%? $906.15 O $976.38 0 $765.71 $875.34 O $900.18 Question 25 4 pts A preferred stock that pays a constant dividend of $3.80 currently sells for $40.00. What is the current rate of return? 11.0% 09.0% 100