Question
Chose the best answer 1.Carol Thomas will pay out $6,000 at the end of year 2, $8,000 at the end of year 3, and receive
Chose the best answer
1.Carol Thomas will pay out $6,000 at the end of year 2, $8,000 at the end of year 3, and receive $10,000 at the end of year 4. With an interest rate of 13%, what is the net value of the payments versus receipts in today's dollars?
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2.The future value of a $500 investment today at 10% annual interest compounded semiannually for five years is ______.
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| b.$814 | ||
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| c.$750 | ||
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3.A 10-year zero-coupon bond that yields 5% is issued with a $1,000 par value. What is the issuance price of the bond? Round to the nearest dollar.
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| b.$64 | ||
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4.The value of a common stock is based on its
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
