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You are eyeing an investment in a corporate bond which has a YIM of 9 97% and a stated rate of interest of 14.08% with

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You are eyeing an investment in a corporate bond which has a YIM of 9 97% and a stated rate of interest of 14.08% with a maturity of 5 years What is the price of this bond? a $1,702 80 b. $1.158.80 c5888 84 Od $1,155 92 QUESTION 16 In an account Criselda Myerson currently has 527 950.00 At a rate of 200% how long will it take for them to have $68,550.00 assuming quarterly compounding? (Hut compute the exact years, do not use rule of 70/72) Ca. 45 30 years b. 44 97 years c. 179 88 years Od 11 33 years QUESTION 17 If over the past few years, the price of houses has been increasing at an annual rate of 7 percent nationally, how many years will it take for costs to double at this rate? a. 10 286 b. 9.505 07.000 Od 12 334

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