1. While different bond features impact bond prices, what else can impact a bond's price? Would each investor be willing to pay the exact same price for the same bond? Why or why not?
2. You would like to purchase a 25 year annuity that pays $5000 a month with the first payment taking place in one month. How much does this annuity cost if the relevant discount rate is 12% annually with no monthly compounding (an APR)?
3. You can deposit $10,000.00 per year from one investment. You can deposit $6,000.00 per year from another investment. The compound rate will be 8.50% annually. The ultimate goal is to have $356,000.00 at the end of the investment cycle. How long will it take you to reach your goal?