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You are scheduled to receive $10,000 in three years. When you receive it, you will invest it for six more years at 5.5 percent per

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You are scheduled to receive $10,000 in three years. When you receive it, you will invest it for six more years at 5.5 percent per year. How much will you have in nine years? (hint: draw a timeline) Multiple Choice O $21,066.45 O $16,190.94 $19,187.82 $18,341.98 Envy Corp. bonds mature in 15 years and have a coupon rate of 3.6 percent. If the market rate of interest decreases, then the: Multiple Choice Omarket price of the bond will increase. O O O coupon rate will also decrease. coupon payment will decrease. yield to maturity will be more than the coupon rate

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