Question
Mr. and Mrs. Kentcontacted us (the financial advice firm you work for) because they need some help with investing in fixed income. They own their
Mr. and Mrs. Kentcontacted us (the financial advice firm you work for) because they need some help with investing in fixed income. They own their own house; they already have equity investments, and they are considering investing$300,000 in fixed income. They tell us that they are interested in an investing horizon of about 20 years. We must respond to thesequestions
2.A) Find a suitablecorporate bond at vanguard.comhighest possible grade, not callable, not convertible, about 20 years maturity.B) Prepare a table of cash flows for the bond you have selected, and the Kents $300,000 investing budget. (Note: picture-example given in the cash-flows tab in the file teaching-f20-fixed-income-annotated-2.xlsx.In order to best learn, you must do this by yourself.)
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