24. Malko Enterprises bonds currently sell for $1,010. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield? A. 6.31% B. 6.53% C. 5.87% D. 7.43% E. 9.06%

25. Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 5.50%, based on semiannual compounding. What is the bonds price? A. $1,177.18 B. $1,024.15 C. $1,447.93 D. $1,106.55 E. $1,000.60