U- 003rns W moins 15. (5 points) You want to buy a car and a local bank will lend you $18.500. The loan will be fully amortired over 5 years, and the nominal interest rate would be 4.65%, with interest paid monthly What is the monthly loan payment? setest vare propuste number of payment mint mir of payment ! - (0401125000 13.0445112) *.04. - 0039%* 18500 1.00 3875) Loo)-1 = 70775 2016-1 =+347.41 +96.33 1.20 16. (5 points) A company has issued bonds that have a 9.5% coupon rate, payable semiannually. The bonds mature in 7 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bond? N=4 PME : 50 4.25 FU 1000 wo $1,077 193 S 3 17. (5 points) You have $75,000 in a brokerage account, and you plan to deposit an additional $5,500 at the end of every future year until your account totals S465,000. You expect to cam 12% annually on the account. How many years will it take to reach your goal? PV = -75,000 FV = 405,000 y =1210 H 3-3,5 6 6 ON 12.72 years 18. (7 points) Tracker Corp.'s bonds will mature in 14 years. The bonds have a face value of $1,000 and a 11% coupon rate, paid semiannually. The price of the bonds is $950. The bonds are callable in 7 years at a call price of S1,050. What is their vield to call? coupon.*1000) 2:55 #of pered F7*2= y04 FV= 1050 PV = -950 N=14 PMT= 56 Yy2 ( 12.56% 3