1. Bank of Florida NA. purchased a 10% interest rate cap, with face value of 5 millions for 1.45% of face value. If at expiration date interest rate are 11.35%. What is the profit/(loss) of Bank of Florida NA.?

2. Bob sold at $62.94 per share, PEP stocks who were purchased a year ago at $55. During the year the stock paid dividends of $.80 per share. If tax rate on capital gains is 17% and marginal tax rate is 30%, how much is the after tax total return?

3. Bob sold at $52 per share, PEP stocks who were purchased a year ago at $43. During the year the stock paid dividends of $.74 per share. If tax rate on capital gains is 15% and marginal tax rate is 30%, how much is the total after tax return?

4. Bank of Florida NA. purchased a 10% interest rate cap, with face value of 2 millions for 1.75% of face value. If at expiration date interest rate are 11.55%. What is the profit/(loss) of Bank of Florida NA.?

5. Bob sold at $63 per share, PEP stocks who were purchased a year ago at $51.25. During the year the stock paid dividends of $.22 quarterly. If tax rate on capital gains is 18% and marginal tax rate is 30%, how much is the after tax return on capital gain?