1. A bond, paying semi-annual coupons of 7% per annum, matures in 18 months time, and has a dirty price of $96.74. What is the bond's yield to maturity, with semi-annual compounding?

2. You have invested 7 million dollars for a horizon of 24 months. You will be paid interest at 7.80% per annum, with semi-annual compounding. How much will you receive at the end (after 24 months)?

3. You purchased some shares in FlyingDutchman.com on 02 July 2022, at price $54.65. On 15 September 2022 and 24 October 2022, FlyingDutchman.com paid dividends of $1.99 and $1.86, respectively. The price of the shares on 15 September 2022 was $55.80, while on 24 October 2022, it was $55.38. Finally, on 02 December 2022, you sold the shares for $55.80. What was your holding period return over the time you owned FlyingDutchman.com?

4. Over the last year, your holding period return on your investments has been 6.90%. Over the same period, inflation has been 7.30%, while your tax (on capital gains, interest, and dividends) was at a rate of 38.00%. What was your real after-tax return, using the approximate adjustment for inflation?