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QUESTION 3 What is the present value of $50,741 received 4 years from now, assuming an interest rate is 9.33% per year? NOTE: Submit your
QUESTION 3 What is the present value of $50,741 received 4 years from now, assuming an interest rate is 9.33% per year? NOTE: Submit your answers with 4 decimals after the dot.
QUESTION 4 Suppose you invest $42,768 into a mutual fund that is expected to earn a yearly rate of return of 11.42%, compounded monthly. How much money will you have in 15 years? NOTE: Submit your answers with 4 decimals after the dot.
QUESTION 6 A perpetuity has a PV of $24,934.15. If the interest rate is 9.23%, how much will the perpetuity pay every year? NOTE: Submit your answers with 4 decimals after the dot.
QUESTION 7 A coupon bond has a face value of $1,000. with 5.08% coupon rate. It matures in 7 years, and has a yield to maturity of 9.32%. What is the price of the bond? NOTE: Submit your answers with 4 decimals after the dot.
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