You are going to buy a a house and will take out a 30-year mortgage for $500, 000. If the interest rate is is 4.05%, what will be your monthly payment?

a. If you plan to make payments of $2,600, how long until the mortgage is paid off

At your new job, you will be making monthly deposit of $150 into a 401k. If you think that you would be able to earn 9% per year, how much will you have in 45 years?

A bound has a coupon rate of 5% and pays interest semi-annually. The bond matures in 5 years and has a yield of 5.35%. What is the value of the bond?

A bond has a coupon rate of 4.5% and pays interest semi-annually. The bond matures in 7 years and has a price of 100.5 (# per par). What is the yield to maturity of the bond?

A bond has a yield of 4.5% and pays interest semi-annually. The bond matures in 7 years and has a price of 101.5 (% of par). What is coupon payment? What is the coupon rate?

A bond has a coupon rate of 3% and pays interest semi-annually. The bodnd matures in 4 years and has a price of 99.75. What is the yield to maturity of the bond?