1. A) If a bank offers to triple your money in 25 years then what is the interest rate you are earning? B. If a bank is offering 7.5% interest then how long will you need to wait to double your money?

2. If a 1000 taka face value bond paying 15% coupon semi - annually when the interest rate is 9% but selling in the market for 1220 taka. Should you buy this bond? Find Current Yield and YTM of this bond.