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c. (C) Between 13 percent and 14 percent O d. (D) Approximately 21 percent + Using a discount rate of 6 percent, what is the

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c. (C) Between 13 percent and 14 percent O d. (D) Approximately 21 percent + Using a discount rate of 6 percent, what is the net present value of an investment with the following cash flow structure? Timing of Cash Flow Amount of Cash Flow Beginning of year 1 $2,000 cash outflow End of year 1 3,000 cash inflow End of year 2 1,000 cash outflow End of years 3 and 4 0 cash flow End of year 5 3,000 cash inflow End of year 6 3,000 cash inflow Select one: a. (A) $4,296.85 b. (B) $6,076.84 c. (C) $8,296.85 x d. (D) $10,076.84 To what amount (rounded to the nearest dollar) will $8,000 grow in 3 years in a savings account that earns 8 percent interest compounded weekly? Select one: a. (A) $10,078 X b. (B) $10,123 c. (C) $10,146 d) (D) $10,168 Screen Shot 2020-09-01 at 6.29.28 PM Q Search What is the yield to maturity of a $1,000 face amount bond that currently sells for $875, pays $60 of interest at the end of each year, and matures in 10 years? Select one a. (A) 7.85% b. (B) 8.75% c. (C) 0.36% d. (D) 10.00% If a nominal 5 percent interest rate is compounded monthly, what is the effective annual interest rate? Select one: a. (A) 49 percent O b. (8) 5.06 percent c. (C) 5.12 percent d. (D) 5.32 percent + What is the present value (rounded to the nearest dollar) of $12,000 due in 6 years discounted semiannually at a 5 percent nominal annual rate of interest? Select one: a. (A) $8,891 b. (B) $8,895 x c. C) $8,906 d. (D) $8,923 Assume that payments of $1,000 are to be received at the end of each of the next 5 years. On the basis of a 9 percent compound annual interest assumption, what is the series of payments worth today? Select one: a. A $649.03 b. (B) $1,538.50 C. C) 53.889.65 d. ID $5,984 71 x Bill expects to receive $10,000 each year for 4 years beginning one year from today if Bil can earn 6 percent compound annual interest on these funds, what is the present value of this series of payments? Select one a. (A) 534,65106 b. (B) $36,298.95 C. (C) $49,173 24 X d. (D) $52,421.37 Search How much should an investor be willing to pay for a bond that pays $25 of interest every 6 months for the next 3 years and the $1,000 face amount at the end of 3 years if the investor requires a yield to maturity of 8 percent? Select one a. (A) 5858 23 b) $92137 C. (C) $1,000.00 d. (D) $1,056.97 X

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