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please only answer second and last question While on spring break in Margaritaville last year, you bought cocktails for everyone. When you woke up, the

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please only answer second and last question
While on spring break in Margaritaville last year, you bought cocktails for everyone. When you woke up, the bartender brought you a bill for $2,000.00. You put the bill on your credit card that charges a 15% interest rate. If you make the minimum payment of $30 per month, how long will it take you to pay it off? Select one: a. 10 years to 15 years b. More than 20 years C. Less than 5 years d. 5 years to 10 years e. 15 years to 20 years Consider a 10-year bond with a coupon rate of 6 percent. If a bond with similar risk has a yield to maturity of 8 percent, estimate the bond's fair market value. Select one: a. More than $1,100 b. $1,000-$1,100 c. $900-$1,000 d. Less than $900 A 5-year corporate bond has a coupon rate of 10 percent. If its price now is $900, what is its yield to maturity? Select one: a. Less than 8 percent b. More than 12 percent c. 10 percent to 12 percent d. 8 percent to 10 percent

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