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An investor just purchased an annuat 17 year bond that pays $65 each year for 17 years, and $1,000 in the final year. The investor

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An investor just purchased an annuat 17 year bond that pays $65 each year for 17 years, and $1,000 in the final year. The investor belleves she can reinvest the coupon payments each year at a $2.5%, interest rate. If the yield to maturity on the bond is $5.75%, then what is the price of the bond? How much money will the investor have in 17 years, if he reinvests the coupon payments at the $2.5% interest rate

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