YouTube a Amazon Netflix wy Drive Google Docs Accommodate Question Travel Advisories St. Thomas St ipus What is the value of a $1,000 par value, 6% coupon annual pay bond with a maturity of 16 years if current interest rates on other bonds of equal risk is 4%? Answer is a positive number, no dollar sign, answer in dolla's and cents rounded to the nearest penny: example 698.34 Question 2 1 pts What is the value of a bond with the following characteristics: $1,000 par value, 4% coupon interest paid semi-annually, 8 years to maturity. Prevailing interest rates on other bonds of equal risk are 5%. Answer is a positive number, no dollar sign, dollars and cents rounded to the nearest penny: example 243.56 10 18 . A B or Ps Some time ago, you bought an original (at the time of issuance by the company) 3M bond having a coupon interest rate of 7%, and a par value of $1.000. Your broker tells you the bond would currently sell for $940 in the market. Current market interest rates on other bonds of this type/risk are now 10%. If you continue to hold the bond, how much can you expect 3M to pay you each year? O $110 O $100 O $77 $70 Question 4 1 pts How much would you have if you deposited $5,000 each 18 X g 1 pts How much would you have if you deposited $5,000 each year (at the end of the year) into a Vanguard Equity Index Fund that is expected to earn 8% per year for the next 40 years? Answer in dollars and cents rounded to the nearest cent. Question 5 1 pts Let's say you borrow $60,000 today. This loan has to be paid off in 15 equal end of year installments. The interest rate on the loan 5% per year. How much is the annual installment payment on the loan? Answer in dollars and cents rounded to the nearest cent. (remember answer is positive) TER 22 18 C Question 6 1 pts Let's say you deposit $2,750 today in an account earning annual interest of 8%, paid semi-annually. How much will you have in 8 years? Answer in dollars and cents rounded to the nearest cent. Question 7 1 pts In the United States, most bonds pay interest annually. O True False FLS 22