Yes dawson, 14k will still grow coral very efficiently. 10k just gives out more PAR (correct me if i am wrong), and this photosynthetic light is what powers the algae in the coral to grow. I do not know (maybe someone else will), but i would think that the difference between 10k and 14k in terms of PAR are not too far off.
depends on which bulbs you are comparing.. a lot of 14 and 15k bulbs are marketing ploys.
some put out less light then 10k's.. even significantly less.. but at the same time certain brands can actually put out more light... the iwasaki 15k 175 watt bulb is like a 14k color, but it's PAR beats most 175w 10k bulbs.