Define bonds-explain how bonds are priced

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1. Define bonds? Explain how bonds are priced. Be sure to provide an example of a bond.

2. You want to accumulate $195153. You currently have $12470 saved. How much must you add at the end of each week for the next 11 years in order to reach your goal if you earn 8.56%?

3. You are offered an investment that will give you $27586 in 13 years in exchange for $6061 today. What is your expected rate of return on this investment? (round to 2 decimal places in percentage terms..for example 9.22 for 9.22 percent)

Reference no: EM131972360

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