(Estimated time allowance: 9 minutes) What investment per month does Tony need to make at the end of each month into his savings account over 2 years to reach his vacation goal of $30,000 If he is getting a 24% APR on his account? For TVM excel file, click here If instead the PV tables are preferred, click here. 1) $1,586.13 2) $13,39286 3) $986.13 4) $985.81 5) none of the above (Estimated time allowance: 18 minutes) Pera Inc. wishes to issue new bonds. These are 15-year bonds with semi-annual interest; $1,000 par value, and a yield to maturity of 8%. The firm has determined that these bonds would sell for $1,053 each today. What is the coupon rate for these bonds? Show your answer to the nearest .1%. Do not use the % sign in your answer. For example, if the answer is 9.2% enter your answer as 9.2 Do not enter it as .092, 0.092, or 9.2%. If your answer is 4.58% then enter 4.6 Do not enter .046, .0458, 0.0458, 4.58%, or 4.6%. Your