Three years ago, you purchased a corporate bond that pays 5.0 percent. The purchase price was $1,000. What is the annual dollar amount of interest that you receive from your bond investment? Assume that you purchased a $1,000 convertible corporate bond. Also assume the bond can be converted to 30.303 shares of the firm's stock. What is the dollar value that the stock must reach before investors would consider converting to common stock? (Round your answer to the nearest whole dollar amount.) Five years ago, you purchased a $1,000 par value corporate bond with an interest rate of 8.5 percent. Today, comparable bonds ate paying 9 percent. What is the approximate dollar price for which you could sell your bond? (Do not round intermediate calculations. Roumd your answer to 2 decimal places.) lane and Bill Collins have total take-home pay of $5,200 a month. Their monthly expenses total $4,500. Calculate the minimum amount this couple needs to establish an emergency fund. Determine the current yield on a corporate bond investment that has a face value of $1,000, pays 9 percent, and has a current price of $943. (Enter your answer as a percent rounded to 2 decimal places.)