1)

Dickenson is making 17 annual payments on a loan for a house ($400,000 borrowed) which, like most mortgage loans, is amortized. If the annual interest rate is 6.2%, what part of the first payment (dollar amount) goes toward reducing the principal?

2)

Windham Co. stock is predicted to have the following gain or loss in the coming year: 34% with probability 50% , 18% with probability 30%, and -17% with probability 20%. What is Windham Co stock's expected rate of return to two places as a percent?

3)

Guilford Inc. stock faces equal probability of the following two outcomes for the next period: The stock will have have either a 33% or a 44% rate of return. What is Guilford Inc. stock's standard deviation (not the variance) as a percent to a two place accuracy to the right of the decimal point.

4)

Plymouth Inc. issues some zero-coupon bonds with a maturity of 18-years, when the interest rate is 2.6%. Calculate the price per $1,000 face value for this bond to the nearest cent.