Learning Acivny 72 3 Name FINC 298 13. What if the bond in Question 12 matures in 26 years? What if the bond were a zero coupon bond with no coupon payments? 14. Explain what is going on in Questions 3 and 4? Why are the answers different? 15. Benny Hill wants to invest $35,000 in bonds. He can buy a corporate bond with a yield of 8% or a municipal bond with a yield of 6%. Benny is in the 31% marginal tax bracket. Which bond should he select? 16. If you were to invest $150 at the beginning of each month into a mutual fund that averaged a 9% annual return, what would be the mutual fund account value after 12 years? Ignore the impact of taxes and inflation