Problem 9. You plan to save $6,000 per year for the next 15 years. You will also receive a $20,000 payment from a trust fund 5 years from now. If you earn 6% per year on your investments, how much will you have 15 years from now? s Put your answer here 62810.51 Problem 10. You borrowed $90,000. You will pay back the loan in 10 annual payments. The interest rate is 10%. What is the amount of interest in the second 21 cents. payment? 10890 - Orl Put your answer here Problem 11. One quarter ago, you purchased ABC stock for $25 per share. Today, you sell the stock for $29 per share. Fill in the table below: What is your annual return on this investment as an APR? What is your annual return on this investment as an EAR? X 5 Problem 12. One year ago, you purchased a 12-year, 9% coupon bond when rates were 7%. The PVFA - Answer the questions to the right to determine the price you paid for the bond a year ago The PV of the Par Payment is The price of the bond is YOUR Exponients are WRONG Today you decide to sell the bond. Rates are now 5%. Answer the questions to the right to determine the price of the bond today: 7.9426 The PV of the coupon payments is 714.84 444.01 1158.85 ? The PVFA 8 $632 The PV of the coupon payments is 797-6926 556.8379 The price of the bond is 1354.53 10.2465 yenoot 0 2465 0 250-16880k DA 62) The PV of the Par Payment is The 1-year return on the bond investment is an What is the percent capital gain on this investment? What is the current yield?============= Problem 13. Suppose a bank offers an EAR of 15% compounded quarterly. What is the APR? 4 Put your answer here (1+131.)4 sett 1998 Problem 14. Consider a 15-year,5% coupon bond that sells for $850.00. Answer the questions in the table below: What is the YTM of the bond if it makes annual coupon payments? What is the YTM of the bond if it makes semi-annual coupon payments? 1.1764 1534