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need help with questions 13 and 14 Question 13 (4 points) XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31

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Question 13 (4 points) XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a stated annual coupon rate of 8.0% with annual coupon payments. The bond is currently selling for $1,084. The bonds may be called in 3 years for 108.0% of the par value. What is your expected quoted annual rate of return if you buy the bonds and hold them until maturity? 6.07% 7.27% 8.03% 7.31% 4.97% Question 14 (4 points) Again, Inc, bonds have a par value of $1.000 a 25 year maturity, and an annual coupon rate of 16.0% with annual coupon payments. The bonds are currently selling for $873. The bonds may be called in 4 years for 116.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible? 18.37% 24.10%

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