Question: 1.) Short Answer: Please show your Variables that you use to get the answer You purchased an older home and will have a mortgage of

1.) Short Answer: Please show your Variables that you use to get the answer You purchased an older home and will have a mortgage of $150,000. What will your monthly payments be with an APR of 5.75% amortized over 30 years. Round to the nearest hundredth. How much in total interest will you pay over the life of the mortgage 2.) Short Answer: Please show your Variables that you use to get the ANSWER Lucky's Inc. Wants to issue new 15 year Bonds for some much needed expansion projects as they need to manufacture a new type of chew toy.The company currently has 7% coupon bonds on the market sell for $1,080, with semi-annual payments and they mature in 15 years. What coupon rate should the company set on its new bonds if it wants to sell them at par? Round your final answer to 4 decimal places

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