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I need the answer for both questions please asap Use the following information to answer all accounting questions ABC company has issued a bond that

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Use the following information to answer all accounting questions 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? 982.03 1043.03 958.03 1087.03 973.03 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? 4.848% 3.889% 5.114% 4.272% 4.717%

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