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Hi there, please solve these two, thanks The City of Victoria has just issued $600,000 in 10 -year bonds. They are required to establish a
Hi there, please solve these two, thanks
The City of Victoria has just issued $600,000 in 10 -year bonds. They are required to establish a sinking fund in order to save enough money to pay the bond redemption when it comes due. How much must they deposit at the end of every six months into an account earning j2=4% in order to save the $600,000? Your Answer: Answer Question 6 (1 point) Consider a 5 year, $1,000 bond with a coupon rate of j2=6%. What price would an investor be willing to pay for the bond if they wanted a return on their investment of j2=7% ? Your
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