The owner of a promissory note will receive a payment of $5,000 plus interest at a rate of J1 =4.62% 5 years after the issue date. Two years before the maturity date, the owner of the note sells it to yield the buyer a rate of return of J12=4.46%. Calculate the price the note was sold for. You can be given partial points for: a) Doing the 5 required steps for your timeline b) Showing your calculations for each steps Your Answer: Question 12 (8 points) Listen Consider a 180-days $100,000 T-Bills issued on September 1st, 2020. Olivia bought the T-bill on the issue date to yield a simple rate of return of 4.1%. She sold the T-Bill 85 days later for $99,114.71. Calculate the simple rate of return that Olivia realized on the T-Bill. You can be given partial points for: a) Doing the 5 required steps for your timeline b) Showing your calculations for each steps ILU Time Left:1:25:23 Raquib Hossain: Attempt 1 Question 13 (8 points) Listen Stephen invested $17,000 20 years ago. For the first period of 5 years, Stephen received an interest rate of J2=3.1%. For the second period, the interest rate was 12=8.6%. Calculate the final value of Stephen's investment. You can be given partial points for: a) Doing the 5 required steps for your timeline b) Showing your calculations for each steps Your Answer: Question 14 (12 points) Listen The owner of a promissory note will receive a payment of $4,000 plus interest at J4=11.1% in 6 months after the issue date and a payment of $4,500 plus interest at J4=11.1% 15 months after the issue date. The owner of the note sells the note to Yawen 5 months after the issue date. Yawen wanted a rate of return of J12-11.6%. Calculate the price that Yawen will pay for the promissory note. You can be given partial points for: a) Doing the 5 required steps for your timeline b) Showing your calculations for each steps