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QUESTION 39 You want to retire in 25 years. You currently have $200,000 saved and you believe you need $1,200,000 at retirement. What annual interest

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QUESTION 39 You want to retire in 25 years. You currently have $200,000 saved and you believe you need $1,200,000 at retirement. What annual interest rate will you need to earn to meet your goal? QUESTION 40 Bernard cohas 7coupon bonds on the market that have 14 years left to maturity. The bonds will make annual payments. If the YTM on these bonds Is 89, what is the current bond price (in s dollars) (Assume the face value of the bond is $1,000) $

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