5.

Moore Corp wishes to float a bond that pays interest at a rate of 5.5% semi-annually. The par value of the bond is $1,000 and its term is twelve years. If the current yield to maturity (i.e. the current market discount rate) of that bond is 6%, what is the current fair market value of that bond? (Please show either the financial calculator buttons or excel function that you use as well as the answer)

6.

A student wants to calculate their monthly repayment amount on their student loan. They will need to calculate

a. An annuity of a future value

b. An future value of an annuity

c. An annuity of a present value

d. A future value

7. The value within a sample that measures risk is the

a. mean

b. median

c. mode

d. standard deviation

8. Vincent wants to figure out how much his monthly mortgage payment is going to be. He will need to calculate

a. The present value of an annuity

b. The annuity of a present value

c. A present value

d. A future value

9. The average value within a sample is the

a. Median

b. Mean

c. Mode

d. Standard Deviation

10. Suppose Greshak Corporation is a successful technology company that is looking into starting a brand new product line that would compete in the medical technology field, something Greshak has no previous experience in. You are the CFO of the organization and this idea has been placed at your desk. You have a say in this matter and your assessment has been requested. (A) Please list questions (at least five) that you would want to have answered in order to provide feedback. (B) If the project ends up being a go, list the issues/decisions (at least three) that you will need to consider.