eBook Problem 14-02 What should be the prices of the following preferred stocks if comparable securities yield 10 percent? Use Appendix B and Appendix D to answer the questions. Round your answers to the nearest cent. a. MN, Inc., $5 preferred ($120 par) 24 50 b. CH, Inc., $5 preferred ($120 par) with mandatory retirement after 7 years %$4 Problem 13-08 Bond A has the following terms: Coupon rate of interest (paid annually): 8 percent Principal: $1,000 Term to maturity: Ten years Bond B has the following terms: Coupon rate of interest (paid annually): 4 percent Principal: $1,000 Term to maturity: Ten years a. What should be the price of each bond if interest rate is 8 percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. Price of bond A: $ 1000 Price of bond B: $ O b. What will be the price of each bond if, after five years have elapsed, interest rate is 8 percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. Price of bond A: $ 1000 Price of bond B: $ c. What will be the price of each bond if, after ten years have elapsd, interest rate is 5 percent? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. Price of bond A: $ 1000 1000 Price of bond B: $