Please Answer Questions 14-17. Thank You!!!!

14. 15. 16. 17. Bin purclusing his first and has been offered a 30-year mortgage With a Of 4.65%. After a sizeabk down payment. he Will borrowilg HOW much Of Bin s first moMhly payment Will be applied to a. S235.67 b. S615.40 c. Sl.134.40 d. SIO.230.oo e. None Of the a tve AT&T issued a 20-year bond on January 1, 2007 with a coupon rate of 4% and a face value of SI,OOO. It is now January l, 2012 and the bond matures on January 1, 2027. What is the value of one AT&T bond to an investor witha required retum of 8%? a. S732 S778 c. S658 SIJOO Ihe Seattk Corporatn has been with an investment opportunity that wil yiekl cash flows of S30.000 per year in Years I throu$1 3, S35.000 per year Years 4 throtgh 9, aml S40.000 in Year IL 'his urvesunent cost the firm S 150.000 Oday, and the firm's cest ofcapital is 10 perceM. Assume cash flows occur evenly during the year, V365th each Khy. What is the payback period for this investment? a. 4.71 years b 4.86 years c. 4.20 years d 6.12 years e. 4.60 years Today is your 23"' birthday. Your aunt just gave you $10,000. You have money to open up a brokerage account. Your plan is to contribute an additional S2.000 the account each year on your birthday, up through and including your 65th starting on your 24th birthday. The account has an annual expected retum of 10 percent. How much do you expect to have in the account right after you make the final S2,000 contribution on your 65th bithday? a. S2.045.442 Sl.622.911 c. S2.292.895 d. None of the above