Suppose you are committed to owning a $250,000 Ferrari and you have $100,000 now. If you believe your mutual fund can achieve a 12 percent annual rate of return and you are able to save $1000 per month, how long you will have to wait for buying the car? A. 8.6 years B. 5.3 years C. 4.7 years D. 3.5 years QUESTION 19 What is the yield to maturity of a bond paying interest annually with a S1000 par value, a 8% annual coupon rate, 25 years to maturity, currently selling for 57697 A. 9.45% B. 11.98% C. 8.39% D. 10.68% QUESTION 20 What is the FV of $1,000 to be invested for 5 years at an interest rate of 7%