Question
14 Consider the following stream of end of year payments. 4.5 points Year 1 2 3 4 5 Cash Payment $35,000 $50,000 $45,000 $25,000 $15,000
14 Consider the following stream of end of year payments. 4.5 points Year 1 2 3 4 5 Cash Payment $35,000 $50,000 $45,000 $25,000 $15,000 What is the present value of the stream if the interest rate is 6%? $119,843 a. $133,645 b. $143,220 C. $146,313 d. $151,782 Question 13 4.5 points Save An A 12% semiannual payment bond matures in six years and has a yield to maturity of 9%. If the last interest payment was just made today, what is the amount and date of the next interest payment? a. $60.00 in one year a.) $45.00 in half a year Ob. a.) $90.00 in one year a.) $60.00 in half a year d. a.) $120.00 in half a year e. 4.5 points Sav What is the present value of six annual payments of $500 to be made starting four years from now if the interest rate is 5%? a. $2088 b.$3401 $1586 C. d. $1892 $2192
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