QUESTION 26 Printex Enterprises' noncallable bonds currently sell for $1,050. They have a 15-year maturity, an annual coupon of $80, and a par value of $1,000. What is their yield to maturity? 6.84% 6.15% 6.47% 7.81% 7.44% QUESTION 29 After graduation, you plan to work for Chelmsford Inc. for 12 years and then start your own business. You expect to save and deposit $8,000 a year for the first 6 years (t = 1 through t = 6) and $16,000 annually for the following 6 years (t = 7 through t = 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a $20,000 graduation gift which you will deposit immediately (t = 0). If the account earns 9% compounded annually, how much will you have when you start your business 12 years from now? $252,176 $258,712 $263,418 $277,566 $291,320