1.) You own a bond with 6% coupon rate and $1000 par value. Assume oayments are made semi- anually and the bond matures in 20 years. The annual market intrest rate is 9%. Calculate the value of the bond.

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You own a bond with a 6% coupon rate and $1,000 par value Assume payments are made semi-annually and the bond matures in 20 years. The annual market interest rate is 9% percent Calculate the value of the bond $723 90 $726.14 $1195.12 $804 88 You plan to retire in 50 years You currently have $25,000 saved and you think you will need $500.000 at retirement What annual interest rate must you earn to reach your goal, assuming you don't save any additional funds? (assume annual compounding) 06.17% 12.73% O O 10%. 5.70% 761 O 500%