Question 4 2 pts UWM Investment Company is looking to purchase a preferred stock investment in the markets. It is analyzing preferred stock issued by Jimmy John's trading in the market at a yield of 12.5%. If the preferred stock has a 6% coupon, what should UWM Investment Company be willing to pay for a $1 million investment? Answers are in $s. 480,000 2,083,333 O 1,000,000 650,000 Question 9 2 pts You buy a $10,000 per Treasury Bill at $9,775. It has 75 days left until maturity. What is the implied discount rate? 10.8 11.2 O 9.0 O 11.5