Question: A $1,000 face value bond currently has a yield to maturity of 4.0 percent. The bond matures in 10 years and pays interest annually. The

A $1,000 face value bond currently has a yield to maturity of 4.0 percent. The bond matures in 10 years and pays interest annually. The coupon rate is 6 percent. What is the current price of this bond? $993.40 $1,162.22 $1,235.17 $1.091.14 How much money does Natalie need to deposit into her investment account today if she wishes to withdraw $120,000 a year for 20 years, starting at the end of the year? She expects to earn an average rate of return of 10 percent. $1,403,287.38 $1,605,298.40 $1,021,627.65 $1,204,298.28
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