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I'm working on a study guide for an up and coming final exam and would like help explaining how to answer the questions on the

I'm working on a study guide for an up and coming final exam and would like help explaining how to answer the questions on the attached word document.

image text in transcribed Q1.) Stephanie opened a new savings account 17 years ago, and started contributing $_______ from the end of every half-year. Since then, he has been regularly contributing to the account every half-year. His savings account has earned an average rate of 6.7 percent annually. Today, his account is valued at $2,000,000. Q2.) Stephanie has opened a trust that will pay you $10,000 a year starting immediately. However, the news is better. She has specified that the amount should grow at 7.2% per year, starting from today until Year 2 years from today. From then on, the payment will remain constant forever. Given an interest rate of 7.4%, the PV of the payment is: _______. Q3.) A 8-year, semiannual coupon bond is priced at $930. The bond has a $1,000 face value and a yield to maturity of 5.9 percent. What is the coupon rate? Q4.) Stephanie, Inc. has $1,000 face value bonds outstanding with a market price of $999. The bonds pay interest semiannually, mature in 8 years, and have a yield to maturity of 7.93 percent. What is the current yield

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