Anna is planning to purchase her first apartment in 10 years and her budget will be $50,000. After looking into her finance and savings, she has $15,000 in her saving account. Currently, her bank offers her an annual compounding interest at 6%. To achieve her financing goal, she need to make additional annual deposit to her investment account. If her first payment is due today, what is the amount annual investment she need to make?

Currently, Linda is considering purchasing a detached house in Vancouver. Before she can see any open house, she made an appointment with her financial adviser to figure out the price range she can afford. Linda has $300,000 in her saving account, which she can use as the down payment. Now, her bank is willing to loan her a 25 year mortgage at 2.75% annually. Her husband recently got a promotion and their monthly disposal net income now is $7,000 per month. What is the price of the new house she can afford?

Massey Motors (MM) is a new firm in a rapidly growing industry. MM is planning to expand its production so it needs to raise funds through money market. Currently, MM has BBB rating for its bonds. In the market, a 10 year BBB bond has a market yield of 12%. If MM issues 100 of 10 years bonds with 10% of the annual coupon rate, how much does it can raise today?

A Inc. and B Inc.'s bonds have been rated as BB+. Currently, A Inc.'s bond is priced at $950, and it pays 5% of coupon semi-annually. B Inc.'s bond is price at $940 and it pays 8% of coupon annually. Both have 10 years left to maturity. Which bond will you invest and Why?

Now or Later, Inc. recently paid $1.10 as an annual dividend. Future dividends are projected at $1.14, $1.18, $1.22, and $1.25 over the next four years, respectively. Beginning five years from now, the dividend is expected to increase by 2% annually. What is one share of this stock worth to you if you require an 8% rate of return on similar investments?