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You've invested your savings at 8% and been able to accumulate $500,000. If you withdraw $50,000 at the end of every year, how long until

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You've invested your savings at 8% and been able to accumulate $500,000. If you withdraw $50,000 at the end of every year, how long until the balance has been reduced to zero? Select one O a. 20.91 years O b. 18.49 years O c. 10.00 years O d. 13.91 years O e 7 63 years A firm has an outstanding issue of $1,000 par value bonds due in 10 years, currently selling for $1,158.91. Investor's are earning 14.00%. What is the coupon rate on these bonds? Select one O O O a. 17.05% b. 14.00% . 10.00% d 850% e. 21.05%

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