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What is the yield, compounded semi-annually, of a $15,000, 5.5% bond with monthly coupons redeemable in eight years if the bond is bought today for

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What is the yield, compounded semi-annually, of a $15,000, 5.5% bond with monthly coupons redeemable in eight years if the bond is bought today for $16,3337 Select one: O a 3.75% O b.5.34% O C. 4.87% O d. 6.11% e. 4.22% Monica would like to receive $2,000 at the beginning of every month for 18 years after her retirement. If she retires 10 years from now and interest is 6.5% compounded monthly, how much money does she need to have when she retires? Select one: O a $223,758.79 o O b. $255,648.65 O c. $199,923 65 O d. $262.217.90 O e. $238.828.97

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