L. M. Greedy Mortgage Bank offers you a $20,000, seven-year term loan at 11% annual interest to help you buy a home. What will your annual loan payment be? Selected answer will be automatically saved. For beyboard navigation, press up/down arrow keys to select an answer4 a: $4,244.31 b $3,721,60 C $5,121,24 d $6,664,91 e $7,563.01 Question 13 XYZ Corporation issues bonds with a $100 face value that make coupon payments of $5 every 3 months. What is the coupon rate? Selected answer will be automatically saved. For keyboard nawigation, press up/down arrow keys to select an answer. a. 0.508 b 1.0096