A $1,000 Par, Disney bond will mature in 10 years. It has a 8% Coupon (paid semi-annually). If your Discount Rate (DR) is 7% what is the bond's price today? All cash flows occur at the end of each period. We've done this before (Tuesday's class) Think about the inputs to your TVM Calculator. Does your answer look correct, or is it a wild thing? Answer: A $1,000 Par, Disney bond will mature in 10 years. It has a 8% Coupon (paid semi-annually). Assume you bought the the bond today when the Discount Rate (DR) is 7%. If you sell the bond 2 years from now when the DR is 8%, what is your profit or loss? All cash flows occur at the end of each period. We've done this before (Tuesday's class) Think about the inputs to your TVM Calculator. Does your answer look correct, or is it a wild thing? Answer: If you buy a $20,000 car and finance it for 60 months at an annual rate of 5%, what will be your monthly payment? Your first payment is due in one month. CARS 20 Answer: You want to save for a $3,000 vacation one year from now. You can invest at 4%/year. If you start today, what is the amount of each of the your 52 (weekly) contributions