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Q12) What is the most you would be willing to pay for a investment that will pay you $205.00 in one year, $299.00 in two

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Q12) What is the most you would be willing to pay for a investment that will pay you $205.00 in one year, $299.00 in two years, and $905.00 in three years, if your required rate of return for this type of investment is 17.94% ? (1.5 Q13) Suppose you signed a contract for a special assignment over the next 5.0 years. You will be paid $18,567.00 at the end of each year. If your required rate of return is 17.64% what is this contract worth in today? (1.5 points) Q14) You need a loan to purchase new equipment. The loan will be paid off over 13.0 years with payments made at the end of every quarter. If the stated annual rate is 6.77% and quarterly payments are $982.00 , what is the loan amount? Q15) You would like to purchase a car for $5,475.00. If the car loan is 12.71% financed over 3.0 years, what will the monthly payments be for this car? (1.5 points) Q16) What is the most that you would pay for an investment that promises to pay $20,769.00 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 24.68%. (1.5 points) Q19) You currently have $1,444.00 in a retirement Savings account that earns an annual return of 6.17%. You want to retire in 43.0 years with 1,000,000. How much more do you need to Save at the end of every year to reach your retirement goal? (2 points) Q20) You currently owe $3,865.00 of your credit card that charges an annual interest rate of 20.15%. You make $144.00 of new charges every month and make a payment of $172.00 every month. What will your credit card balance be in three months? (2 points) Q21) You would like to retire in 25.0 years. The expected rate of inflation is 3.18% per year. You currently have a standard of living that requires $5,180.00 of monthly expenses. Assuming you want to maintain the Same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement? (2 Q22) You purchases a house for $113,588.00. You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan. The mortgage loan is a 30 year mortgage with an annual interest rate of 7.12% Mortgage payments are made monthly. What is the monthly amount of your mortgage payment? (2 points) Q24) An 6.23% coupon, 7.0-year annual bond is priced at $985.00. What is the current yield for this bond? (1.5 points) Q25) What is the price of a 1,000 par value semi-annual bond with 8.0 years to maturity and a coupon rate of 8.70% and a yield-to-maturity of 8.23% ? (1.5 points) Q26) What is the price of a 1,000 par value, 15.0-year, annual bond with a 5.22% coupon rate and a yield to maturity of 9.56% ? (1.5 points) Q27) You bought a 16.0-year, 5.61% semi-annual coupon bond today and the current market rate of return is 4.91%. The bond is callable in 6.0 years with a $75.00 call premium. What price did you pay for your bond? (2.0 points) Q28) A 8.79% coupon, 18.0-year annual bond has a yield to maturity of 3.79%. Assuming the par value is 1,000 and the YTM does not change over the next year, Compute the a) Price of the bond today (1 point): b) Price of the bond in one year (1 point): c) Capital gains yield (1 point): d) Current Yield (1 point)

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