Can someone please answer #4 thanks!!

Gold, silver, platinum, diamonds, rubies, and collectibles are perfects examples of assets whose purchase is speculation rather than investing. As such, you should consider purchasing them only if you aren't concerned about what might happen to their price in the future because they aren't an investment. Problems and Activities These problems are available in MyFinanceLap. Suppose that you are interested in purchasing a bond issued by the VPI Corporation. The bond is quoted in the Wall Street Journal as selling for 88.75. How much will you pay for the bond if you purchase it at the quoted price? Assuming you hold the bond until maturity, how much will you receive at that time? A $1,000 TIPS (Treasury Inflation-Protected Security) is currently selling for $940 and carries a coupon interest rate of 4 percent. If you buy this bond, how much will you receive for your first interest payment, assuming no interest adjustment to principal during this time period? If there's a 1 percent increase in inflation, what will be the new par value of the bond? What is your new semiannual interest payment? What would the par value be at maturity, assuming a 2.5 percent annual inflation rate and a 10-year maturity period? How much will a $500 EE savings bond cost when you initially purchase it? Assuming the bond earns 3.6 percent annually, approximately how long will it take for the bond to reach its stated face value? An investor is considering purchasing a bond with a 5.5 percent coupon interest rate, a par value of $1,000, and a market price of $927.50. The bond will mature in 9 years. Based on this information, answer the following questions: What is the bond's current yield? What is the bond's approximate yield to maturity? What is the bond's yield to maturity using a financial calculator? Three friends, Jodie, Natalie, and Neil, have asked you to determine the lent taxable yield on a municipal bond. The bond's current yield is 3.75 per with 5 years left until maturity. Jodie is in the 15 percent marginal tax brad Natalie is in the 25 percent bracket, and Neil is in the 35 percent brac Calculate the equivalent taxable yield for your three friends. Assuming a sin AAA corporate bond yields 4 percent, which of your friends should purchas municipal bond