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need help with question 15 and 16 please. Question 15 (4 points) Yes They May, Inc. has a bond issue outstanding with a $1,000 par

need help with question 15 and 16 please. image text in transcribed
Question 15 (4 points) Yes They May, Inc. has a bond issue outstanding with a $1,000 par value and a maturity of 18 years. The bonds have an annual coupon rate of 15.0% with quarterly coupon payments. The current market price for the bonds is $860. The bonds may be called in 6 years for 115.0% of par. What is the quoted annual yield-to-maturity for the bonds? 20.43% 4.39% 18.37% 17.58% 32.75% Question 16 (4 points) Forever, Inc.'s preferred stock has a par value of $700 and a dividend equal to 17.0% of the par value. The stock is currently selling for $984.00. What discount rate is being used to value the stock? 12.72% 12.09% 13.29% Type here to search of 9

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