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Argo Industries has issued a bond which has a $1,000 par value and a 15 percent annual coupon intere rate. The bond will mature in

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Argo Industries has issued a bond which has a $1,000 par value and a 15 percent annual coupon intere rate. The bond will mature in ten years and currently sells for $1,250. The expected return on the sto market is 10%. What is the bond's yield-to-maturity? (Show your answer to 2 decimal places. Showth appropriate unit of measure i.e. $. pound, etc.) - You already have $9,500 invested in your account and you plan to make 10 additional annual deposits of $7,000 each. You expect to earn 8% per year. The first deposit will be made one year from today. How much money would you have in the account after the last deposit? (Show your work or calculator input. Give your answer to 2 decimal places. Show the unit of measure -- $s, pounds, etc.) Apts You received word of a great investment on which you would earn 9% per year. How long would takto triple your money? (Show your work or calculator input. Give your answer to 2 decimal places. Show the unit of measure -- $s, pounds, etc.) 4 pts Your cousin Vinnie has agreed to lend you $3,000 to tide you over for the semester. He has said that you can pay him back $500 a month for the next 4 years. What interest rate is Vinnie charging? (Show your work or calculator input. Give your answer to 2 decimal places. Show the unit of measure -- Ss pounds, etc.)

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