Question: please help Bill Balley would like to purchase bonds from DON Corporation. The $1,000 bonds have a quoted annual Interest rate of 10 percent. and

please help please help Bill Balley would like to purchase bonds from DON

Bill Balley would like to purchase bonds from DON Corporation. The $1,000 bonds have a quoted annual Interest rate of 10 percent. and the interest is pald semiannually. The yield to maturity on the bonds is 14 percent annually. There are 20 years to maturity. Compute the price of the bonds. (Use a Financial coleulator or Excel to arrive at the answers, Do not round intermediate colculotion. Round the final answer to 2 decimal places. Omit $ sign in your response.) Price of the bonds. Francesca has approached you to assist with retirement planning. She would like to retire in 13 years, at which time she hopes to have accumulated enough money to receive an annuity of $23,000 a year for 18 years of retirement. - The pre-retirement interest rate is 9 percent annually - The retirement interest rate is 11 percent annually. Required: How much does Francesca need to contribute annually to save enough for retirement? (Use a Finoncial calculotor/Excel to arrive of the onswer. Do not round intermediate calculations. Round the final answer to the nearest whole dollar.) Annual contribution

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