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Calculate the present value of $7,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2

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Calculate the present value of $7,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Present Value 1.455 34 $ a. 6 percent compounded annually b. 8 percent compounded annually c. 10 percent compounded annually d. 10 percent compounded semiannually e. 10 percent compounded quarterly If you note the following yield curve in The Wall Street Journal, what is the one-year forward rate for the period beginning one year from today, 24 according to the unbiased expectations theory? (Do not round intermediate calculations. Round your answer to 2 decimal places, (e 9. 32.16)) Maturity One day One year Two years Three years Yield 1.16% 1.68 1.92 2.03 One-year forward rate The Wall Street Journal reports that the rate on four-year Treasury securities is 2.1 percent and the rate on five-year Treasury securities is 27 percent According to the unbiased expectations hypotheses, what does the market expect the one-year Treasury rate to be four years from today. (smu)? (Do not round intermediate calculations. Round your answer to 2 decimal places. (6.9.. 32.16)) Expected one-year Treasury rate

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