Question
Can you please help me solve this problem? The school you would like to attend costs $100,000. To help finance your education, you need to
Can you please help me solve this problem?
The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to sell any of your 500 shares of Apple stock you bought 5 years ago, 100 Apple bonds (3.25% coupon rate) that are five years from their 10-year maturity date, or a combination of both. Provide the appropriate data and calculations that you would perform to make this decision.
I think it's $100,000 x 3.25% = 3250 x 5 = 16,250.00 which is way less than what is needed to cover the $100,000 cost.
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