34. A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity 28% coupon, current price of $980.50, 10 years to maturity. a. 11.44% b. 6.45% C. 8.29% 35. There are a relatively tiny amount of companies with annual revenues above $35 MM with bond ratings as 'junk'. probably less than 2%. a. False b. True Page 8 36. Which of these two has a higher after-tax yield, assuming a 21% income tax bracket a. 4.00% Taxable Bond b. 3.25% Tax-Free Bond