11) Suppose you wish to accumulate $20,000 by the year 2035 (18 years from now). How much must you set aside every month in a savings account that pays 12% interest, compounded monthly?. A) $226.39 B) $358.75 9 $2331.38 D) $26.39 12) Peking Duct Tape Company has an outstanding issue of $1000-face-value zero-coupon bond with 3 years remaining until final maturity. Assuming 16 percent required rate of return and semiannual compounding, what should be the value of this bond? A) $640.66 B) $1,000.00 9 $793.83 D) $630.17 14) Mia Noodles Company's bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1000 face value, and the coupon interest rate is 10%. The bonds sell at a price of $850. What is the bond's yield to maturity? 14) A) Error 5 B) 6.22 percent C) 12.48 percent D) 77.99 percent