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Question 13 (0.21428572 points) A bond matures in 15 years; at which time it pays the owner $1,000. It also pays $70 (or 7% stated

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Question 13 (0.21428572 points) A bond matures in 15 years; at which time it pays the owner $1,000. It also pays $70 (or 7% stated rate) at the end of each of the next 15 years. If similar bonds are currently yielding 6%, what is the market value of the bond? OA) over $1,000 B) under $1,000 C) exactly $1,000 D) cannot be determined from the information given. Question 14 (0.21428572 points) Shafer Corporation issued callable bonds. The bonds are most likely to be called if A) interest rates decrease B) interest rates increase C) Shafer Corporation needs additional financing D) Shafer Corporation's stock price increases dramatically

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