Jane and bill collins have total take-home pay of 4500 a


Question: 1. Jane and Bill Collins have total take-home pay of $4,500 a month. Their monthly expenses total $3,400. Calculate the minimum amount this couple needs to establish an emergency fund.

2. In what circumstances would a $1,000 corporate bond be worth more than $1,000? In what circumstances would the corporate bond be worth less than $1,000?

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Corporate Finance: Jane and bill collins have total take-home pay of 4500 a
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