Question: - 1.11 POINTS TEAFMAC2 F.2018. 0/6 Submissions Used MY NOTES Your rich uncle has just give you a high school graduation present of $800,000. The

- 1.11 POINTS TEAFMAC2 F.2018. 0/6 Submissions Used MY NOTES Your rich uncle has just give you a high school graduation present of $800,000. The present, however, is in the form of a 25-year bond with an annual interest rate of 5.1% compounded annually The bond says that it will be worth $800,000 in 25 years. What is this gift worth at the present time? (round your answer to the nearest cent.) 9. -11.12 POINTS TANFIN10 S.R.004. 0/6 Submissions Used MY NOTES Find the effective rate of interest corresponding to a nominal rate of 10.5%/year compounded in the following ways. (Round your answers to two decimal places.) (a) compounded annually (b) compounded semina (c) compounded quarterly (d) compounded monthly

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