How do I solve these questions on a step by step basis?

b Tomas wants to save S1,200 a year in a manner that maximizes his savings. To do this, he should 6. a. Deposit $1,200 into his savings account on the last day of each year b. Treat his S100 monthly savings deposits as an annuity due c. Treat his S100 monthly savings deposits as an ordinary annuity d. Deposit S300 into his account at the end of each quarter e. Deposit S600 into his account at the end of every six month period. c 7. Jerry Industries has some 8% coupon bonds on the market that are selling at $989, pay i-annually, and mature re in fifteen years. The company would like to issue S1 fifteeny a. b. c. d. e. million in new fifteen-year bonds. What coupon rate should be applied to the new bonds if Gerry Industries wants to sell them at par? 7.87% 8.00%) 8.13% 8.26% 8.33% 8. a. Lowering the discount rate b. Reducing the cash flow amount c. Decreasing the number of payments d. Reducing the future value of the cash flow e. Lowering the payment amount a Which one of the following will increase the present value of an annuity? If the current yield, coupon rate, and yield-to-maturity are all 590, then the bond must be: c 9, n bond. a. A zero coupo b. Selling at a discount. c. Selling at par d. Maturing within one year e. Selling above face value. An investment pays $4,600 every other year forever and the discount rate is 12 percent compounded daily. What is the value of the investment, if the first payment occurs one year from today? c. 10. a. $7,469.72 b. $18,741.42 c. $19,123.90 d. $9,495.13 e. $16,961.71 The Fisher effect defines the relationship between 11. a. Nominal and real rates of return. b. The yield-to-maturity and the yield-to-call. c. Inflation and the yield-to-maturity d. The market value and face value of a bond. e. A bond's rating and its real rate of return. a