QUESTION 5 The bond of Gum Inc. has a 4 percent coupon and pay interest annually. Currently, the bond price is quoted as 95% of its face value. The bonds mature in 6 years. What is the yield to maturity? 6.81 percent 5.22 percent 4 98 percent 3.74 percent QUESTION 7 4 points O Your firm has been told that it needs $100,000 today to fund a $150,000 expansion project 5 years from now. What rate of interest was used in the present value computation? 7.82 percent 9.23 percent 8.45 percent 6.14 percent QUESTIONS 4 points You want to save $700 a month for the next 20 years and hope to earn an average rate of return of 12 percent. How much money will you have after 20 years if you invest your money at the beginning of each month? $660,482.99 o $674,853.07 $699,403.54 $683,930.30