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For each of the bonds and reinvestment rates listed below calculate the amount of money...

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Finance

For each of the bonds and reinvestment rates listed below calculate the amount of money accumulated at maturity from a $1,000 initial investment: a. Invest $1000 in a 5-year zero coupon bond with a yield to maturity of 9%. b. Buy a 5-year 9% coupon annual bond at par ($1000) and reinvest the annual coupons at 9%. c. Same as (b) but reinvest the annual coupons at 12%

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