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John needs $1,000,000 to retire in five years. There is an annual zero-coupon bond with a par-value $1,000 that matures in 8 years, and has a YTM of 11.5%. If John buys the bond and the YTM stays at 11.5% then what is the price of the bond in 5 years? How many bonds does John need to buy so he can retire in 5 years with his $1,000,000 goal? If John buys the bond and the YTM stays at 11.5% when he sells the bond in 5 years, how much money will John have for retirement? If John buys the bond and the YTM moves to 9.5% at what price will he sell the bond for in 5 years? If John buys the bond and the YTM moves to 9.5% when he sells the bond in 5 years, how much money will John have for retirement? If John buys the bond and the YTM moves to 13.5% at what price will he sell the bond for in 5 years? If John buys the bond and the YTM moves to 13.5% when he sells the bond in 5 years, how much money will John have for retirement? What is the current price of the 8 year zero-coupon bonds if the 11.5%? How much does John need to invest today if the bonds YTM is 11.5% and he wants to reach his five year goal of $1,000,000