What is maturity of a bond issued by Merck & Co that pays $5\mathrm{.}4\%$ coupon rate and

offers $3\mathrm{.}42\%$ yield to maturity. Assuming the price today is $$1,089\mathrm{.}95$ and bond pays

annual coupon?

$6\mathrm{.}39$ years

$6\mathrm{.}06$ years

$2\mathrm{.}21$ years

$5\mathrm{.}02$ years

You wish to buy a $$65,000$ car. The dealer offers you a $6-$year loan with a $2\mathrm{.}5$ percent

APR. What are the monthly payments?

$$272\mathrm{.}19$

$$473\mathrm{.}59$

$$823\mathrm{.}41$

$$973\mathrm{.}12$

How much do you have to contribute at the end of each month to a retirement

account if your goal is to retire like a millionaire with $$8$ million when you are $65$

years old? Assuming that the interest you will earn on your investment is $3\%$ and you

are $20$ years old today.

$$7,949\mathrm{.}81$

$$2,617\mathrm{.}34$

$$4,821\mathrm{.}55$

$$7,015\mathrm{.}25$

How much do you have to contribute at the end of each month to a retirement

account if your goal is to retire like a millionaire with $$8$ million when you are $65$

years old? Assuming that the interest you will earn on your investment is $3\%$ and you

are $20$ years old today.

$$7,949\mathrm{.}81$

$$2,617\mathrm{.}34$

$$4,821\mathrm{.}55$

$$7,015\mathrm{.}25$

How much do you have to contribute at the end of each month to a retirement

account if your goal is to retire like a millionaire with $$8$ million when you are $65$

years old? Assuming that the interest you will earn on your investment is $3\%$ and you

are $20$ years old today.

$$7,949\mathrm{.}81$

$$2,617\mathrm{.}34$

$$4,821\mathrm{.}55$

$$7,015\mathrm{.}25$

How much do you have to contribute at the end of each month to a retirement

account if your goal is to retire like a millionaire with $$8$ million when you are $65$

years old? Assuming that the interest you will earn on your investment is $3\%$ and you

are $20$ years old today.

$$7,949\mathrm{.}81$

$$2,617\mathrm{.}34$

$$4,821\mathrm{.}55$

$$7,015\mathrm{.}25$

How much do you have to contribute at the end of each month to a retirement

account if your goal is to retire like a millionaire with $$8$ million when you are $65$

years old? Assuming that the interest you will earn on your investment is $3\%$ and you

are $20$ years old today.

$$7,949\mathrm{.}81$

$$2,617\mathrm{.}34$

$$4,821\mathrm{.}55$

$$7,015\mathrm{.}25$