Ryngrert Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and annual coupon of 5.7%. If the current market interest rate is 7.7%, at what price should the bonds sell? O A. 5924.70 OB.5652.25 OC $1.015.52 OD.589168 E382563 You are now graduated, got a new well paid job and have decided to indulge yourself by buying a brand-new car. You stop by at your favorite car dealership and start negotiating on the terms to buy your car. The sales representative shows you the car and you notice that the car price is 535,500. You get approved for 2.999 APR financing if you pay off your loan in 5 years and 3.99 if you pay it off in 7 years. How much is the difference between 5 and 7 years options monthly payments? O A $205.65 OB.$179.36 OC $200.85 OD $149.00 O E $152.65 Bob has $2,500 invested in a bank that pays 6.6% annually. How long will it take for his funds to double? O A 12.04 years OB.11.17 years O C. 10.85 years OD. 12.80 years O E. 9.44 years