1.

If you put up $26,000 today in exchange for a 7.50 percent, 10-year annuity, what will the annual cash flow be?

Multiple Choice

• $2,600.00

• $5,090.82

• $3,787.83

• $3,616.72

• $3,962.60

2.

You want to have $47,000 in your savings account 5 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.9 percent interest, what amount must you deposit each year?

Multiple Choice

• $8,027.44

• $3,713.02

• $11,608.56

• $9,400.00

• $3,712.97

3.

Prescott Bank offers you a $39,000, 6-year term loan at 7 percent annual interest. What will your annual loan payment be?

Multiple Choice

• $6,971.27

• $8,436.30

• $8,182.04

• $8,754.78

• $7,931.14

4.

Weismann Co. issued 13-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price?

Multiple Choice

• $1,566.04

• $919.71

• $953.49

• $929.71

• $736.42

I would really appreciate it if you could answer all. :)