A bond has nine years to maturity, a $1,000 face value, and a 6.3% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $798 ? A. 7.82% B. 13.68% C. 11.72% D. 9.77% Dan buys a property for $260,000. He is offered a 30 -year loan by the bank, at an interest rate of 7% per year. What is the annual loan payment Dan must make? A. $29,333.44 B. $33,523.94 C. $20,952.46 D. $25,142.95 Since your birth, your grandparents have been depositing $130 into a savings account every month. The account pays 6% interest annually. Immediately after your grandparents make the deposit on you 18 th birthday, the amount of money in your savings account will be closest to: A. $50,356 B. $60,427 C. $30,214 D. $70,498