Which of two bonds first the highest current yield

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1. Linda needs to have $50,000 in eight year, how much would she have to invest today, if she earns 10 percent annually on her money? How much would she have to put away annually to have $50,000 in eight years?

2. Which of these two bonds first the highest current yield? Which one has the highest yield to maturity?

a. A 7 percent, 20-year bond quoted 101.000

b. A 10 percent, 30-year bond quoted at 105.00

3. Suppose you want to retire in exactly 30 years. At that time, you wish to have $500,000 in your retirement account. If the applicable rate is 5.78%, compounded monthly, how much would you need to put into the account at the end of each month to meet your goal?

4. Jacqueline is 25-year old now. If she earns 6% on savings of $3,000 a year, how much will her retirement fund be by age 65?

Reference no: EM133000921

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