At a family gathering your uncle hears that you are taking a finance course with many real life applications. He wants to consult you regarding a new house he likes very much. The house is selling for $250,000. Your uncle can put $50,000 down and qualifies for 4% APR for 30 year mortgage. He asks you how much his monthly payments will approximately be if he buys the house. What would be your answer? $954,83 $1,050.87 $1,400.23 5899.21 Save Answer Bridgewater Inc. has a bond issue outstanding with a $1,000 par value and a maturity of 20 years. The bonds have an annual coupon rate of 6.0% with quarterly coupon payments. The current market price for the bonds is $895. The bonds may be called in 3 years for $1200. What is the quoted annual yield-to-maturity for the bonds? O 8.25 percent 3.95 percent 15.8 percent 5.75 percent