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Suppose the term structure of risk.free interest rates is as shown below Term 1 ye 2 yr 10 yr Rate (EAR %) 3 yr 2.63

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Suppose the term structure of risk.free interest rates is as shown below Term 1 ye 2 yr 10 yr Rate (EAR %) 3 yr 2.63 1.99 235 Syr 3.35 7 yr 3.73 20 yr 5.07 428 a. Calculate the present value of an investment that pays $2,500 in two years and $2,000 in five years for certain b. Calculate the present Value of receiving 5600 per year, with certainty at the end of the next five years. To find the rates for the missing years in the table, incarly interpolate between the years for which you do know the rates. (For example, the rate in your 4 would be the average rate in year 3 and years) o. Calculate the present value of receiving $2,800 per year, with certainty, for the next 20 years. Infer roles for the mising yours using linear Interpolation. (Hint Use a spreadsheet) a. Calculate the present value of an investment that pays $2,500 in two years and $2,000 in five years for certain The present value of the investment is $. (Round to the nearest doilar.) Suppose the term structure of risk.free interest rates is as shown below Term 1 ye 2 yr 10 yr Rate (EAR %) 3 yr 2.63 1.99 235 Syr 3.35 7 yr 3.73 20 yr 5.07 428 a. Calculate the present value of an investment that pays $2,500 in two years and $2,000 in five years for certain b. Calculate the present Value of receiving 5600 per year, with certainty at the end of the next five years. To find the rates for the missing years in the table, incarly interpolate between the years for which you do know the rates. (For example, the rate in your 4 would be the average rate in year 3 and years) o. Calculate the present value of receiving $2,800 per year, with certainty, for the next 20 years. Infer roles for the mising yours using linear Interpolation. (Hint Use a spreadsheet) a. Calculate the present value of an investment that pays $2,500 in two years and $2,000 in five years for certain The present value of the investment is $. (Round to the nearest doilar.)

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