Bond clip.JPG Jason is 45 years old and has $100,000 to invest for his retirement. He has narrowed his choices down to two options: (1) a $100,000 debenture bond from ACME, Inc. that pays 4% interest or (2) a municipal bond issued by the city of Whoville (or "muni bond") that pays 1% interest. Both bonds mature in 20 years. Define these two items and talk about the pros and cons and things that should be considered before a decision is made.