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please do it in 10 minutes will upvote Question 12 (1 point) A $1,000 face value, 12-year bond pays 11% annual interest, paid 4 times
please do it in 10 minutes will upvote
Question 12 (1 point) A $1,000 face value, 12-year bond pays 11% annual interest, paid 4 times per year. If similar bonds are currently yielding 12.5% annually, what is the market value of the bond? a. P= 1000 b. P 909.1979 O c. P c. P=875.6386 d. P=907.3975 e. None of the above/below answers Question 13 (1 point) Laura Diane is creating a university investment fund for her son Leland. She will put in $80 per month at the end of each month for the next 16 years and expects to earn an 14.5% annual rate of return, compounded monthly. How much money M will Leland have when he starts university? Da. M = . M = 59819.01 Ob. M = 38617.68 Oc. M = 19346.35 d. None of the above/below answers e. M = 29457.99Step by Step Solution
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