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Question 42 2 pts You just won the lottery and want to put some money...

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Question 42 2 pts You just won the lottery and want to put some money away for your child's college education College will cost $80,000 in 15 years. You can earn 4% compounded annually. How much do you need to invest today, assuming you make a one-time investment? $44,421.16 $7,195.29 O $144,075,48 O $25,371.22 Question 43 2 pts Cornerstone Industries has a bond outstanding with an 8% coupon rate (APR) and a market price of $870.72. If the bond matures in 6 years and interest is paid semi-annually, what is the YTM (as an APR)? O 5.5% O 10.9% O 11.0% O 11.1%

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