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Question 14. A coupon bond has a face value of $1000, 10 years to maturity, and annual coupon rate 1.5%, paid semi-annually. If the current

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Question 14. A coupon bond has a face value of $1000, 10 years to maturity, and annual coupon rate 1.5%, paid semi-annually. If the current market price of the bond is $997.89, what is its current yield (choose the most accurate option)?" O 1.3% O 1.4% 1.5% O 1.6% Question 15. A 4.5% annual coupon rate municipal bond and a 6% annual coupon rate corporate bond would be equivalent in after-tax cash flow if the marginal tax rate (MTR) is (choose the most accurate option)?* O 15% O 20% oo

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