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1.Sofbank is offering four accounts with different quotations. If you have $1000 to invest, what will be the balance in 17 4 years? 5 account
1.Sofbank is offering four accounts with different quotations. If you have $1000 to invest, what will be the balance in 17 4 years? 5 account A: 3.75 percent, compounded annually (1) 6 account B: 3.70 percent, compounded monthly (2) 7 account C: 3.10 percent, compounded sem1- (3) 8 account D: 3.66 percent, compounded quarterly (4) 2.A bond with a face value of $1,000 has annual coupon payments of $117 and was issued seven years ago. The bond currentl sells for $1,000 and has eight years remaining to maturity. We assume that the bond price would be $1000 at maturity (in 11 eight years)
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