Which of the following investment alternatives would provide the greatest ending wealth for your investment if you are thinking of opening a savings account? Record the return alternative with the highest EAR. (Rounded to two decimal places).

a) 7.5 % compounded daily

b) 7.75% compounded semi-annually

c) 7.50 % compounded quarterly

d) 7.75 % compounded quarterly

e) 7.25 % compounded daily

Government of St Vincent and the Grenadines bonds pay semiannual interest of $ 75. They mature in 10 years and have a par value of $1000. The market rate of interest is 7 %. What is the market value for the Government bonds?

Citicorp issued 10 - year bonds 2 years ago at a coupon rate of 8 percent. The bonds make semiannual payments. If these bonds currently sell for 110 percent of par value, what is the Yield to Maturity