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1) Assume that at the end of each year for 20 years you deposit $350 into an account earning 5% per year. How much will

1) Assume that at the end of each year for 20 years you deposit $350 into an account earning 5% per year. How much will you have in your account at the end of the 20 year period?

(Round the final answer to two decimal places. Enter the answer without symbols (ie. if the answer is $1.35 enter 1.35 in the answer box)

2) What is the approximate yield to maturity on a Canada Savings Bond 5.0 trading at 98.0 that matures in 20 years?

The approximate yield to maturity (in decimal form) is _____

(Round to four decimal places as needed.)

3) You purchased 600 shares of common stock on margin at $45 per share and sold them 9 months later at $50. Assume the margin requirement is 80%, interest on margin used is 5%, and commission paid on each transaction is 2%. What is your capital gain on this investment?

The capital gain on the investment is ____

4)

You have $4,000 to invest, and your broker has set a margin requirement of 80%. What is the total value of the investment you can make?

The total value of your investment is _____

Enter a whole number with no decimal places.

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