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John needs $1,000.000 to retire in five years. There is a 5 -year ahnual coupon bond that has a YTM of 7.5% and selis at

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John needs $1,000.000 to retire in five years. There is a 5 -year ahnual coupon bond that has a YTM of 7.5% and selis at par (\$1,000) If John buys the bond and reinvests the coupon payments at the YTM of 7.5%, how much money will John have for retirement in five years? If John buys the bond and the YTM moves to 5.5% before the first coupon payment, how much money will John have per bond in five years? (Coupon payments are reinvested at the new interest rate.) If John buys the bond and the YTM moves to5.5\%, how much money will John have for retirement in five years? (Coupon payments are reinvested at the new interest rate) If John buys the bond and the YTM moves to 9.5% before the first coupon payment, how much money will John have per bond in five years? (Coupon payments are reinvested at the new interest rate) If John buys the bond and the YTM moves to 9.5% before the first coupon payment, how much money will John for retirement in five years? (Coupon payments are reinvested at the new interest rate)

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