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Question 15 (4 points) The 8 percent coupon bonds issued by Modern Kitchens pay interest seminnally, mature in eight years, and we $1,000 free value.

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Question 15 (4 points) The 8 percent coupon bonds issued by Modern Kitchens pay interest seminnally, mature in eight years, and we $1,000 free value. Currently, the band sell for 51.032. What is the yield to maturity? 7.92 percent b 6.87 percent 6.48 percent Od 6.88 percent 7.46 percent a Question 16 (4 points) Municipal bonds Oa Generally have higher coupon rates than corporate bonds. O Are totally risk free. Are rarely callable, Pay interest that is federally tax free Are free of default risk e

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