Question 20 Your business has just taken out a 1-year installment loan for $72,500 at a nominal rate of 11.0% but with equal end-of-month payments. What percentage of the 2nd monthly payment will go toward the repayment of principal? 73.67% 77.55% *81.63% 85.9396 90,45% Question 26 Find the amount to which 5600 will grow under the following condition: 9.0% compounded monthly for 10 years. 647 x 1,420 1,471 18,592,209 Question 30 Curtis Corporation's noncallable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a par value of $1.000. What is their yield to maturity? 6.20% x 6.53% 6.87% 7.24% 7.62% Question 31 Perry Inc.'s bonds currently sell for $1.150. They have a 6-year maturity, an annual coupon of 585, and a par value of $1.000. What is their current vield? 7.3996 7.76% 8.15% X. 8.56% 8.98%