Question: Bond valuation and yield to maturity Personal Finance Problem Mark Goldsmath's broker has shown hum two bonds issuod by different companies Each has a matirty
Bond valuation and yield to maturity Personal Finance Problem Mark Goldsmath's broker has shown hum two bonds issuod by different companies Each has a matirty of 4 years, a par value of 51 , 00 rate of B BOF, paid annually a. Calculate the selling proce for each of the bonds b. Mark has $18,000 to invest. th he wants to invest only in bonds issued ty Crabbe Waste Disposal, how many of those bonds could be buy? What if he wants lo invest only in bonds nsued by Malloy Enterprses? c. What is the fotal interest income that Mark could earn each yoar it he invested only n Crabbe bonds? How much interest would he earn each year if he mested only an Molfor bonds? coupon payments he recewos far each bond, siogesting that ene bond is a beter investrent than the ofther Why is that the case? a. The seling price for the Crabbe Waste Disposal bond is ? (Round to the nearest cent)
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