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In March 2015. Daniela Motor Financing (DMF) offered some securities for sale to the public. Under the terms of the deal DMF promised to repay

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In March 2015. Daniela Motor Financing (DMF) offered some securities for sale to the public. Under the terms of the deal DMF promised to repay the owner of one of these securities $10,000 in March 2050 but investors would receive nothing until then Investors paid DMF $2,300 for each of these securities so they gave up $2.340 in March 2015 for the promise of a $10 000 payment 35 years later you held the bond for 35 years un matured with a value $10 000 Do not round intermediate calculations a. Assuming you purchased the bond for 52 340, whate of retum would you earn and enter your answer as a percent rounded to 2 decimal places... 32.16.) Rate of retum b. Suppose under the terms of the bond you could redeem the bond in 2006 DMF agreed to pay an annual interest rate of 12 percent until that date How much would the bond be worth at that time? (Do not round intermediate calculations and round your answer to 2 decimal places, 9. 32.16.) Bond value 5 c. In 2026, instead of cashing in the bond for its then current value you decide to how the bond une matures in 2050 What annual rate of return will you can over the last 24 years? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places. .. 32.16) Rate of return

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