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19.1. Calculate the price of a 5.7 % coupon bond with 22 years left to maturity and a market interest rate of 6.5 %. (Assume

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19.1. Calculate the price of a 5.7 % coupon bond with 22 years left to maturity and a market interest rate of 6.5 %. (Assume interest payments are semiannual) (Do not round intermediate calculations and round your final answer to 2 decimal places.) Bond price 19.2. Is this a discount or premium bond? A. Premium bond B. Discount bond 20. FedEx Corp stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year at $106.69. If you owned 300 shares of FedEx, what was your dollar return and % return? (Round your % return answer to 2 decimal places.) Dollar return % return * Each problem = 5 points. * Each subordinate problem-5 points / # of subordinate problems A business has two possible investments (A & B below) with each costing $4,000.00.if the business can earn 7 1/4% on other investments, which investment should be made? 040 uncle $ 1,500 $ 1,400 s 1,500 1,700 $ 1,500 1,800 3. You won a raffle and are offered $900.00 after 5 years or $1s0.00 each year for 5years. (1) I interest rates are 6% which offer should you accept? (2) what if interest rates were 14% which choice would you make? A 5 year $100,000.00 term loan has an interest rate of 7% on a declining balance. (1) What are 4, the equal annual payments need to fully amortize the loan? (2) Construct an Amortization Schedule showing the annual payment, interest payment, principle payment and loan balance each year. 5. In 2011, a stock was trading for $25.00/ sh. Today (2018) that same stock is trading for $62.50/sh. If you purchased the stock in 2011, what would have been your rate of return? You can save $1,500.00 each year in a saving account that pays 4% interest. How much will you have in 5 years: (1) IF interest was compounded (a) annual, (b) semi-annually and (c) quarterly (2) What is the APR in each compounding frequency? Hint:The $1,500.00 must be divided accordingly 6

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