Question
Regarding Bonds 1) The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to
Regarding Bonds
1) The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to sell any of your 500 shares of Apple stock you bought five years ago, 100 Apple bonds (each with a $1,000 face value and a 3.25% coupon rate) that are five years from their 10-year maturity date, or a combination of both. Provide the appropriate data and calculations that you would perform to make this decision.
2) Also, what would the total amount be after if the the Apple share present value is $133.00. And would it be best to sell? What would be the best decision be given the total amount?
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