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please answer all questions Calculate the future vallue of $1 million 10 years in the future with 4% interest rate. Calculate the present value of
please answer all questions
Calculate the future vallue of $1 million 10 years in the future with 4% interest rate. Calculate the present value of $12,250,000 received to 5 in years in the future if discount rate is 10%. What is the effective yield for the following: Rate 0.1 0.07 0.085 Compound period 2 4 12 What is the nominal rate for the following Yield 0.03 0.0525 0.11 Compound periods 365 12 2 What rate would you need on a mortgage to be equivalent to a bond with 8% rate? What rate would you need on a bond to be equivalent to a mortgage with 5.75% rate Step by Step Solution
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