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On 1/1/2019, Chance issued $1,000 of 6% bonds, interest payable annually, that were due in 10 years, and they were issued at par. On 1/1/2022,

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On 1/1/2019, Chance issued $1,000 of 6% bonds, interest payable annually, that were due in 10 years, and they were issued at par. On 1/1/2022, because Chance's business has boomed, Chance has decided to repurchase the bonds. Due to market forces, the new yield rate for Chance's bonds is now 5%. How much will Chance have to pay to repurchase the bonds? (round to nearest $1) I Question 2 1 pts Logan was wanting to raise capital for his business, so he issued bonds with a face value of $10,000, with interest of 9% payable semi-annually, and a maturity due in 10 years. At the time Logan issued the bonds, the market rate of similar bonds was 10% How much did Logan receive when he issued his bonds? (round to the nearest $1) Jenna wanted to purchase a putt-putt mini-golf course. The owner was willing to take a note that was due in 4 years and was non-interest bearing. The note's principal amount was $200,000. Similar notes would require a rate of interest of 5%. What was the value Jenna would assign to the putt-putt mini-golf course? (round to the nearest $1) 1 pts Question 4 Joel wanted to save money to buy a Tesla. The expected purchase cost was $85,000. Joel has $10,000, and he was planning to deposit $3,000 every 3 months into an Cryptocurrency ETF (starting in 3 months). If the ETF eamed 10% annually, now long would Joel have to wait to finally be able to buy that Tesla in years? (round to the nearest 1 of a year? Lauren wants to borrow money for education and living expenses. Lauren will not be able to pay anything back for the first 5 years while she completes her education and training. After that, she is willing $1,000 (at the end) each year for the next 10 years. If the cost of borrowing is 10% how much will Lauren be able to borrow? (round to the nearest $1)

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