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(Time allowance estimation: 7 minutes) You can invest in a bank account that has an APR of 12%. You want to make equal monthly deposits

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(Time allowance estimation: 7 minutes) You can invest in a bank account that has an APR of 12%. You want to make equal monthly deposits of $1,000 for the next 5 years. How much will you have accumulated at the end of the 5 years? (Estimated time: 4 minutes) Given the following dividend pattern for the next following years, Year 19.00 Year 210.00 Year 311.00 Year 411.20 Year 511.50 Year 612.00 The bond of Nichols Corp. is currently trading at (price of a bond) $700.00. The bond matures in 60 years and has, today, a yield to maturity (YTM) of 3%. This is a semiannual coupon bond with a par value of $1,000. The coupon rate of this bond is

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