6) John buys a corporate bond that pays 15%, pays interest twice per year, and matures in 20 years. How many compounding periods are there?

Bill Mitselfik wants to buy a bond. It has a face value of $50,000, a bond rate of 6% (nominal), payable semi- annually, and matures in 10 years. Bill wants to earn a nominal interest of 8%. How much should Bill pay for the bond?

You are depositing $10,000 in a 5 year CD that pays 4.5% interest each year. How much interest will you accrue if you hold the CD until maturity? Show work. (Yes, this is compounding interest).

A man has 4240,000 home loan for 20 years at a nominal rate of 4.5% convertible monthly. He makes fixed principal repayment of $1000 each month. Find, a. his loan balance after 12 years b. his 100th month payment c. the sum of amount of interest paid in the 5 th year (from 49th month to 60th month).

Please do both correctly, I'll rate the answerQuestion:(i) A $10,000 bond is purchased for $9600 and has a bond rate of 6% per year payable semiannually for 2 years. What is the interest rate?(ii) You borrow 35,000 for 10 years at 10% per year compounded monthly. After making 24 payments you decide to pay the loan off. What's that payoff amount?   Note:- please dont use pen paper