ABC company has issued a bond that is rated as A. It has a maturity of 10 years and pays semi-annually at an annual coupon rate of 6.5%. If the current risk-free rate is 1.75% and the risk premium associated with A - bond is is 5%, what is the current price of the bond? 958.03 982.03 1087.03 1043.03 973.03 Question 13 (1 point) Cookeville City Council is trying to issue a municipal bond that is tax free. A current taxable bond that has similar risk characteristics is traded at $1012.34. The taxable bond has 10 -year maturity with semi-annual coupon payment at 8% annual coupon rate. If the tax rate is 40%, what is the annual coupon rate that the Cookeville City Council should provide on its municipal bond to equate its price to that of the taxable bond