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(40 points) 3. There are two bonds and you have $5,000 of seed money for your investment. Fidelity bond will mature in 20 years later

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(40 points) 3. There are two bonds and you have $5,000 of seed money for your investment. Fidelity bond will mature in 20 years later at repayment of $16.000. MetLife bond will mature in 17 years later at repayment of $14,000. Until then there is no interest for both bonds. 1. a) Calculate the yearly rate of return (r) for both bonds b) Which of the bonds is more attractive investment? Why

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