A.

A $10,000 face value discount bond maturing in one year is currently selling for $9,094.41.

What is the yield to maturity to this discount bond?

Please round your answer to the fourth decimal. (e.g. 0.1234)

B.

You borrow $1,576 today to buy a dinning table set. You plan to make annual payments over a 7-year period. The bank has offered you a 17.84% interest rate, compounded annually.

What is your annual payment amount?

Please round your answer to the second decimal without a dollar sign. (e.g. 100.12

C.

Mary borrows $1,135 from her father today and promises the interest rate of 5.11% per year. Mary promises to pay back a lump sum in 7 years. How much will Mary need to pay back to her father after 7 years.

Please round your answer to the second decimal without dollar sign. E.g. 123.45

D.

You borrow $5,271 today to buy a speed boat. You plan to make monthly payments over a 3-year period. The banks has offered you a 7.28% interest rate, compounded monthly.

What is your monthly payment amount?

Please round your answer to the second decimal without a dollar sign. (e.g. 100.12)