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QUESTION 1 6.25 points Save Answer Your parents established a 513520 bank account for you when you were born. For the first 5 years of
QUESTION 1 6.25 points Save Answer Your parents established a 513520 bank account for you when you were born. For the first 5 years of your life, the interest rate earned on the account was 9.2 percent. Since then, rates have been only 7.3 percent. Now you are 22 years old and ready to cash in. How much is in your account? 55672.29 80316.61 O 58326.58 69548.08 O 81459.73 QUESTION 2 6.25 points Save Answer Demex, Inc., has 13-year bonds outstanding with a par value of USD 1000. and amarket price of $852. The bonds pay interest annually and have a yield to maturity of 6.1 percent. What is the bond's coupon rate in percentage terms? O 6.58 6.44 O 4.42 6.66 6.43
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