Question: With written work please, no excel! 4. A 0.08 percent bond maturing in 20 years with semiannual coupons to yield 0.03 percent convertible semiannually is

 With written work please, no excel! 4. A 0.08 percent bond

With written work please, no excel!

4. A 0.08 percent bond maturing in 20 years with semiannual coupons to yield 0.03 percent convertible semiannually is to be replaced by a 0.05 percent bond yielding the same amount, then reinvested into a stock with a predicted yearly growth of 0.03 for the remainder of the 20 years. If the face value of the bond was 2000, how much will you have at the end? 4. A 0.08 percent bond maturing in 20 years with semiannual coupons to yield 0.03 percent convertible semiannually is to be replaced by a 0.05 percent bond yielding the same amount, then reinvested into a stock with a predicted yearly growth of 0.03 for the remainder of the 20 years. If the face value of the bond was 2000, how much will you have at the end

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