Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

FNB 100 Assessment 17. You have $15,000 to invest. You want to purchase shares of Alaska Air at $42.88. Best Buy at $51.32, and Ford

image text in transcribed

FNB 100 Assessment 17. You have $15,000 to invest. You want to purchase shares of Alaska Air at $42.88. Best Buy at $51.32, and Ford Motor at $8.51. How many shares of each company should you purchase so that your portfolio consists of 30% Alaska Air, 40 % Best Buy, and 30 % Ford Motor? (Do not round intermediate calculations and round your final answers to the nearest whole number.) Alaska air Best buy Ford motor 18. Calculate the price of a zero coupon bond that matures in 20 years if the market interest rate is 4.5 %. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Zero coupon bond price 19.1. Calculate the price of a 5.7 % coupon bond with 22 years left to maturity and a market interest rate of 6.5 %. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.) Bond price 19.2. Is this a discount or premium bond? A. Premium bond B. Discount bond 20. FedEx Corp stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year at $106.69. If you owned 300 shares of FedEx, what was your dollar return and % return? (Round your return answer to 2 decimal places.) Dollar return % return * Each problem = 5 points. * Each subordinate problem = 5 points /# of subordinate problems 3/3 3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Financial Planning

Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk

15th Edition

978-0357438480, 0357438485

More Books

Students also viewed these Finance questions

Question

=+a) What were the subjects?

Answered: 1 week ago