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QUESTION 6 Suppose that you purchase a bond from a company that promises to pay $64.26 in coupon payments for the next 5 years, with

QUESTION 6 Suppose that you purchase a bond from a company that promises to pay $64.26 in coupon payments for the next 5 years, with a maturity bonus of $337.62. What is the total amount of money that this bond will pay out over its lifetime? Round your answer to two (2) decimal places if necessary and do not include a dollar sign QUESTION 7. Suppose that a bond costs $850 to buy today, but will pay $1075 over the next 12 months. If the current monthly interest rate is i=2.11%, what is the Present Value of the bond's benefits? Hint: use n=12 periods Round your answer to two (2) decimal places if necessary and do not include a dollar sign

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