1.An investment will pay $100 at the end of each of the next 2 years, $90 at the end of year3, and $ 70 at the end of year 4. If other investments of equal risk earn 10% annually, what is its present value? (Answer to the nearest cent, xxx.xx and enter without the dollar sign )

2.You want to buy a car, and a bank will lend you $15000. The loan will be fully amortized over 5 years(60 months), and the nominal interest rate will be 14% with interest paid monthly. What will be the loans EAR (%)? Answer as a percent and to the nearest hundredth of a percent as in xx.xx % and enter without the percent sign.

3.Interest rates on 3 year treasury securities are currently 6%, while 5 year treasury securities yield 8%. If the pure expectations theory is correct what does the market believe that 2 year securities will be yielding 3 years from now? Answer to the nearest hundredth of a percent as in xx.xx% and enter without the percent sign.