Question 31 Prices of existing bonds move as market interest rates move Not yet answered Points out of 1 P Flag question Select one: O A. down, down . up, up O C. up, down O D. bond prices usually don't move as market interest rates move Question 32 Not yet Ajax Corporation has a bond with a coupon rate of 11.5%, maturing in 15 years at a value of $1,000. The bond makes annual interest payments and has a current market price of $920. What is the yield-to- maturity for the Ajax Corporation bond? answered Points out of 1 Flag question Select one: O A. 12.72% O B. 12.50% O C. 11.83% O D. 11.50% estion 33 When corporate bonds are repaid using a sinking fund, at yet swered ints out of 1 Flag question Select one: O A. a single, lump-sum payment is made by the issuing corporation at maturity. O B. all bonds are converted to common stock at maturity. O C. bonds will be immediately redeemed if market interest rates decline. O D. routine installment payments to a fund provide for retiring the bonds