1.) A bond's yield to maturity is 5.64%. On 12/31/2018, the CPI was 205.5. On 12/31/2019, the CPI was 210.2. What was the real rate of interest on this bond?

A. 3.28%

B. 4.11%

C. 3.97%

D. 2.55%

2.) The APR on a mortgage is 7.77%, compounded daily. What is the effective annual rate?

A. 8.66%

B. 7.95%

C. 8.08%

D. 9.11%

3.) The nominal interest rate on a bond is 4.34%, compounding monthly What is the effective annual yield on this bond?

A. 4.50%

B. 4.22%

C. 4.11%

D. 4.43%

4.) Calculate the geometric average return over this four-year period?

Year	Return
2010	5%
2011	10%
2012	15%
2013	20%

A. 12.36%

B. 10.11%

C. 11.99%

D. 13.83%

8.) The monthly return volatility of a stock is 0.0528. What is the annual return volatility of that stock?

A. 0.0829

B. 0.2511

C. 0.2829

D. 0.1829