Question 21 4 pts Most bonds pay coupon interest O quarterly O monthly annually semi-annually Question 22 4 pts has the lowest claim on the assets and cash flow of the firm. Common stock O Preferred stock None of these O A bond Question 23 4 pts A bond with a fixed rate of 5%, where the current rate is 7% will pay semi-annual payments of $35 $25 $50 $70 Question 24 4 pts If the annual percentage rate (APR) is 8%, the quarterly compounding rate would be 2% 8% 6%