Moerdyk Corporation's bonds have a 15-year maturity, a 7.5% semiannual coupon, and a par value of $1,000. The going annual interest rate (rd) is 6.00%, based on semiannual compounding. What is the bond's price? O a. $1,235.47 O b.$1,457.85 O c. $1,359.01 O d. S1.147.00 e. $976.02 8 points Save Suppose Community Bank offers to lend you $10,000 for one year at a nominal annual rate of 6.50%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. What is the effective annual rate on the loan? O a.6.73% O b.7.99% C. 6,66% O d.5.39% O e. 8.26% Moving to the next question prevents changes to this answer. Question 22 of 6 A 5-year corporate bond yields 9.50%. A 5-year municipal bond of equal risk yields 6.25%. Assume that the state tax rate is zero. At what federal tax rate are you indifferent between the two bonds? (Round your final answer to two decimal places.) O a. 27.38% O b. 25.40% O c. 31.58% d.32.99% O e. 34.21%