Question I Suppose you want to buy, for all cash, a house in five years that is currently worth $250,000. You anticipate that the house will appreciate 3% per year. How much would you have to put away today if the bank were to give you a 3% return on a five year CD that compounds annually? Question 2 You can buy a bond with a 6% coupon with 1 year remaining that pays semi-annually or a mortgage with a coupon rate of 6%, assuming all non-quantitative issues are equal, which investment do you want, and why? Take our $250,000 house 5 years forward which will be $289,818.52 at that time. If instead of putting down one lump sum today, how much would you have to put away each year assuming you can earn 5% compounded annually