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Question 58 1 pts WSB Inc. offers you the following investment you pay it $37 thousand today and you will get $650 a month for
Question 58 1 pts WSB Inc. offers you the following investment you pay it $37 thousand today and you will get $650 a month for the next 10 years. The first $650 will be paid one month from today. If your opportunity cost is 6% APR with monthly compounding how much value does this investment create or destroy? Round your answer to the nearest whole dollar and submit the absolute value. For example. -51.234 56 is 1235 Do not enter $ or % signs. You can enter commas. Question 59 1 pts WSB Inc. preferred stock pays $1.71 per quarter. Similar stocks pay 16% per year with quarterly compounding. In order to create value, below what price would you be willing to purchase WSB shares? Round your answer to the nearest penny. For example, $1.234.5678 is 1234.57 Do not enter $ or % signs. You can enter commas. Question 60 Question 60 1 pts Jane signed a four year apartment lease today. The landlord will allow her to make payments of $978 per month. The lease contract indicates an APR of 6% with monthly compounding and that the first lease payment is due at signing (today). What is the value today of all the payments she will make over the course of the lease? Round your answer to the nearest whole dollar. For example, $1,234.56 is 1235 Do not enter $ or % signs. You can enter commas. Question 61 1 pts Jane has $50 thousand for a down payment and closing costs for a house. Closing costs are estimated to be 3% of the loan value. Her annual salary is $72 thousand and the bank allows the maximum monthly mortgage payment to be equal to 34% of her monthly income. The interest rate on the loan is 4.8% per year with monthly compounding for a 30-year fixed rate loan. How much can she offer for the house? Round your answer to the nearest whole dollar. For example, $1.234.56 is 1235 Do not enter $ or % signs. You can enter commas. D Question 62 1 pts A credit card charges you 1.67% per month. What is the EAR on the card? Submit your answer in percentage form rounded to the basis point. For example, 12.345% is 12.35 Do not enter $ or % signs. You can enter commas. 1 pts Question 63 Jane is considering a WSB investment that pays a face value of $191 thousand in 8 years. If her next best similar investment pays 3.5% per year continuously compounded, then what is the fair price Jane would be willing to pay today for the WSB investment? Round your answer to the nearest whole dollar. For example, $1,234.56 is 1235 Do not enter $ or % signs. You can enter commas. Question 64 Guard Question 58 1 pts WSB Inc. offers you the following investment, you pay it $37 thousand today and you will get $650 a month for the next 10 years. The first $650 will be paid one month from today. If your opportunity cost is 6% APR with monthly compounding, how much value does this investment create or destroy? Round your answer to the nearest whole dollar and submit the absolute value. For example, - $1.234.56 is 1235 Do not enter $ or % signs. You can enter commas. Question 59 1 Do not enter $ or % signs. You can enter commas. Question 59 1 pts WSB Inc. preferred stock pays $1.71 per quarter. Similar stocks pay 16% per year with quarterly compounding. In order to create value, below what price would you be willing to purchase WSB shares? Round your answer to the nearest penny. For example, $1,234.5678 is 1234.57 Do not enter $ or % signs. You can enter commas. 1 Question 60 me signed a four year apartment lease today. The landlord will allow her to make payments of $978 per month. The lease contract
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