Question: please show all work with 4 decimal points on calculator and steps using a BA II plus finance calculator 9. The Central Intelligence Agency (CIA)

please show all work with 4 decimal points on calculator and steps using a BA II plus finance calculator please show all work with 4 decimal points on calculator and steps

9. The Central Intelligence Agency (CIA) needs to invest in the next generation miniature tracking device. The biodegradable microchip was developed by a new machine costing $6,000,000. The machine will be depreciated straight-line to zero over its six-year useful life. Due to technology becoming obsolete very quickly in the spy game, the machine will be sold in 5 years to a competitor for $750,000. The CIA uses a tax rate of 34% Calculate the after-tax final year adjustment from the sale of the tracking device (4 Points) 10. IBM bond is a 6% coupon bond. Ford bond is a 10% coupon bond. Both bonds have 10 years to maturity, make semiannual payments, and have a yield to maturity of 12%. If current interest rates rise by 2% what is the percentage change price in these bonds? Which bond would you choose to minimize your losses? (5 Points)

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