1- For a ten year deposit, what annual rate accrued quarterly will produce the same FV as 7.4% compounded continuously?

2- A company issues a 10 year note that will pay 1,980 at maturity no annual payments, Note A. It also issues a 12 year note that has the same credit rating and will pay 1100 at maturity, plus an annual payment at the end of each year. If both A and B sell for 710, what will the amount of the payment be on Note B?

A- 41.25, B- 29.87, C- 36.47, D- 59.30, E - 33.54

3- ParkMoor sells an underdeveopled parcel of land for 28.2 M under the terms of agreement, they will receive some cash at closing and a note that pays 6.8 M at the end of years 4 5 and 6 and 14.5 M at the end of year 8. If parkmoor discounts these payments at 8.2 %, how much cash will it ask for at closing?