1. Assume that you purchase a $2,000 bond issued by Wal-Mart that pays 10% interest each year, paid every 6 months. What is the amount of each interest payment?

• $400
• $200
• $800
• $100

2. Assume that you purchase a $2,000 bond issued by Target retail company that pays 15% interest each year. What is the annual interest amount?

• $600
• $1700
• $300
• $250

3. Find the leverage ratio if Anthony pays $800,000 for a condo by borrowing $600,000 and spending $200,000 of his own savings?

• 2.5
• 1.33
• 3
• 4

4. The labor force of the country of Gboko is 240 million and the number employed is 195 million. Find the unemployment rate?

• 81.25%
• 18.75%
• 9.6%
• $45

5. Use table below to answer this question

Adult population - 251 million

Labor force1 - 83 million

Employed persons - 168 million

Discouraged workers - 14 million

According to the table above, the labor force participation rate is

• 70.5%
• 72.9%
• 79.2%
• 2.7%

6. Vera Wang has been told by her financial analysts that her leverage ratio is 8, but her total equity is $32million. What would be her amount of debt?

• $4 million
• $256 million
• $16 million
• $40 million

7. Isabel purchased a bond worth $4000 in a year's time at $3200. What is the rate of return when it matures?

• 25%
• 20%
• 7.14%
• 32%

8. Use table below to answer the question below

Adult population - 231 million

Labor force - 183 million

Employed persons - 178 million

Discouraged workers -14 million

According to the table above, the unemployment rate is

• 2.7%
• 10.38%
• 14%
• 79.2%

9 Laura purchased a bond worth $3000 in a year's time at $2800. What would be the price of the bond if interest rises to 20%?

• $2200
• $2500
• $2800
• $320

10. Nigeria has a labor force of 300 million and an unemployment rate of 35%, what is the number of unemployed people in the country?

• 195 million
• 95 million 105 million
• 35 million