ABC Limited is seeking for a $10,000,000 finance. Two major investors have put forward two bond terms for ABCs considerations and ABC can only choose either one. In both bond terms, ABC Limited would raise $10,000,000 up front in exchange for issuing a bond promising a single (and larger) maturity payment from ABC Limited in 15 years at a promised interest rate. The two bond issuance options open to ABC Limited are as follows:

A 15-year bond to Investor A, promising an annual rate of interest of 10%;

A 15-year bond to Investor B, promising of interest of 9.72% per year, compounded monthly.

(A) What is the effective annual yield to maturity on each of the bonds terms?

(B) What is the future required payment that ABC will make 15 years later on each bond?