Question 1 Use the following formulas far this Exam. This is not a real question - Im just using this space for formulas sys - santy - True o False Question 2 The following Wellesley bond is listed in a recent issue of The Wall Street Journal: Cur Close Yld Wellesley 12 ? 110.75 31 This $1,000 par value bond has 11 years to maturity and makes semi-annual coupon interest payments. What is the bonds current yield? o 10.6% o 13.0% 10.8% Question 3 Your newly retired parents will be able to withdraw $145,000 per year for each of the next 25 years. Each withdrawal will be made at the beginning of the year. How much money do your parents have in their account now learning 5.5% annully to be able to finance this retirement? $1.616,307 o $1.945,020 31,737,530 $2.051.995 $3,316,337 Question 1 Use the following formulas far this Exam. This is not a real question - Im just using this space for formulas sys - santy - True o False Question 2 The following Wellesley bond is listed in a recent issue of The Wall Street Journal: Cur Close Yld Wellesley 12 ? 110.75 31 This $1,000 par value bond has 11 years to maturity and makes semi-annual coupon interest payments. What is the bonds current yield? o 10.6% o 13.0% 10.8% Question 3 Your newly retired parents will be able to withdraw $145,000 per year for each of the next 25 years. Each withdrawal will be made at the beginning of the year. How much money do your parents have in their account now learning 5.5% annully to be able to finance this retirement? $1.616,307 o $1.945,020 31,737,530 $2.051.995 $3,316,337