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Question 5 1 pts You just found out that you have $2,126.92 in a savings account. Your uncle opened the account in your name exactly
Question 5 1 pts You just found out that you have $2,126.92 in a savings account. Your uncle opened the account in your name exactly 6 years ago, and deposited $X in the account. Then he put in another $120 three years after opening the account. Other than $X and the $120, there were no other deposits. If the interest rate for the past 6 years has been 14%, what is X? (choose the closest number) $814 $888 $899 $914 Question 2 1 pts A coupon bond pays $400 at the end of each year for 3 years, and at the maturity date in 3 years, in addition to the final coupon payment, the bond also makes a face value payout of $1,500. If the interest rate is 6% then this bond has a present value of $2,665.1 $2,611.1 $2,504.16 $2,328.64 Question 3 1 pts An investor buys a discount bond that pays out Y = 5,100 in exactly 5 years. The interest rate is 11%. If the investor holds the bond for 2 years and then sells it, what it the market price she will get? $3,729.08 $3,889.55 $3,955.6 3,998.1 Question 4 1 pts An investor buys a bond for $3,800 that pays out $4,117.99 in 2 years. This bond has a yield to maturity of (choose closest value) 4.1% 5.1% 7% 9%
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