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1. You need $200,000 for your childs education in 15 years. You are planning to save every month with an APR of 6 percent interest

1. You need $200,000 for your childs education in 15 years. You are planning to save every month with an APR of 6 percent interest rate. How much should you save every month?

2. You are considering investing in a Green Bond which offers 12% coupon rate payable semiannually. The bond matures in 10 years and has a par value of $1,000. The yield to maturity (YTM), or the required return, is 11%. How much are you willing to pay for this bond?

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