I can buy a $1,000 bond for $950. I get $50 a year and it matures in 20 years. Find the YTM (interest rate). Remember this is a time value of money problem, so you need to use your financial calculator or excel and include inputs.

1- is the product of two rational numbers irrational or rational? first, make a hypothesis by multiplying two rational numbers. then, use variables such as x=a/b and y=c/d and the closure property of integers to prove your hypothesis. 2- what do you think the product of a nonzero rational number and an irrational number is? is it rational or irrational? make use of variables, the closure property of integers, and possibly a proof by contradiction to prove your hypothesis. 3- why do we have to specify that the rational number must be nonzero when we determine what the product of a nonzero rational number and an irrational number is? if the rational number were 0, would it give us the same result we found in part b?