I need help with a business math assignment. It is due in approximately 5 days.

Total marks: 100 1. An investor bought 5,000 preferred shares (par value $1.00) of BC Resources at $.75.5 and received a dividend of $.05. He then sold them at $.80. What was the investor's total gain in dollars? (4 marks) 2. What was the percentage gain in question 1? (4 marks) 3. If money is worth 14%, compounded semi-annually, what is the value of a $150 bond bearing interest at 10.5% every six months if it is bought today and matures in five years? (8 marks) 4. What should be the purchase price of a $1,000 bond redeemable at 105 and bearing semi-annual coupons at 9.75%, if it is sold two years page 1 of 7 before maturity and money is worth 11%, compounded annually? (8 marks) 5. A $2,500 bond, redeemable at par on September 1, 2015, bearing interest at 9.5% payable semi-annually, is bought to yield 13% semiannually on June 6, 2010. What was the price? (8 marks) 6. At what price should I offer to buy a $500 bond on December 11, 2008, if I want it to yield 13%, compounded quarterly? The bond matures on April 1, 2012, and bears 11.5% coupons payable on April 1 and October 1. (8 marks) 7. Calculate the premium or discount on the sale of a $1,000 bond carrying semi-annual coupons at 9.5%, redeemable at 102 in three years, if it is bought to yield 11%, compounded semi-annually. (4 marks) 8. What is the purchase price of the bond sold in question 7? (2 marks) MATH 1091: Business Mathematics: Assignment 6 4 of 7 9. Compute the premium or discount on the sale of a $2,000 bond redeemable at 101.5 in four years' time, if it is bought to yield 12%, compounded quarterly and the coupon rate is 10.75% semi-annually. (8 marks) 10. What is the purchase price of the bond sold in question 9? (3 marks) 11. Calculate the premium or discount on the sale of a $1,000 bond that is redeemable at 103 on June 1, 2010, if it is sold to yield 10.5% annually. The coupons are payable semi-annually at a rate of 13%, and the date of the sale is December 1, 2007. (5 marks) TRU Open Learning MATH 1091: Business Mathematics: Assignment 6 5 of 7 12. What is the purchase price of the bond sold in marks) question 11? (2 13. Construct a bond schedule for a $1,000 bond with interest payable at 10% semi-annually, redeemable at par, and bought to yield 12% semi-annually 1.5 years before maturity. (12 marks) End of Payment Period Coupon Value Interest on Book Accum. Amount of Discount TRU Open Learning Book Value Remaining Discount MATH 1091: Business Mathematics: Assignment 6 6 of 7 14. What is the gain or loss on a $2,000 bond sold at 99.5 to yield 13%, compounded semi-annually, with 14% semi-annual coupons redeemable at 103 in three years? (8 marks) 15. If a $500 bond bearing 9.5% semi-annual coupons is purchased at 97.5 and it is redeemable at 102 in four years' time, what is the approximate yield rate? (8 marks) TRU Open Learning MATH 1091: Business Mathematics: Assignment 6 7 of 7 16. A $36,000 serial bond that has an annual interest rate of 12%, paid semi-annually, will be redeemed in three equal annual instalments of $12,000. The bond is purchased on an interest date, one year prior to the first annual redemption. If an investor wants 18%, compounded monthly, what is the purchase price? (8 marks) TRU Open Learning