5 and 6 and 7

5.(5 marks) Terri's parents made a GIC of $750 on October 31, 2004, to be withdrawn on his birthday on july 31,2025. What will be the value of the GIC on that date at 6% compounded quarterly? 6.(5 marks) Calculate nominal annual rate compounded daily that is equivalent to 7.5% compounded semi annually. 7.(8 marks) A $20,000, 7% bond with semi annual coupons redeemable at par in 9 years 8 months is purchased at 109.25. What is the approximate yield rate