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Economics Question 5
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- 2. An investment will provide $10,000 at the end of 3 years. The investment receives interest at 12% compounded annually. a. What is the present value of the investment?What is the present worth of 5 payments of $700 if the interest rate is 5% and the first payment occurs now? a. $3030.65 b. $3,182.20 c. $3,333 d. $35009. In how many years will $1,500 yield an interest of 5200 at 2% simple interest?
- 7. Consider a cash flow series of 40 payments. The first 20 payments are $1,000 per year and the last 20 payments are $2,000 per year. At 6% interest what is the present value of the cash flow series?Give typing answer with explanation and conclusion Gustav Co. is planning to issue new 30-year bonds. The current plan is to make the bonds non-callable, but this may be changed. If the bonds are made callable after 5 years at a 5% call premium, how would this affect their required rate of return? Question 6 options: There is no reason to expect a change in the required rate of return. The required rate of return would increase because the bond would then be?Inez wants to have $13,500 in 5 years. Use the present value formula to calculate how much Inez should invest now at 4% interest, compounded quarterly in order to reach her goal. a. $10,800.00 b. $11,056.54 c. $11,063.85 d. $11,096.02
- 5. Giving the following cash flow diagram. Find the future worth using an interest rate of 10% per quarter. 0 1 2 3 4 $40 $40 $40 5 6 7 8 $70 $70 $70 Years(2) How long will it take $800 to yield $72 in simple interest at 4%? Ans. 2.25 yrs.2. A sum of $1,000 is deposited at time "0" at an interest rate of 5½%, compounded quarterly. What is this money worth in five years? Choose your final answer from below while still showing your work. A. $1314 B. $1307 C. $1252 D. $1186
- 6. Ms. Jones wants to make 10% nominal interest compounded quarterly on a bond investment. She has an opportunity to purchase 8%, $10,000 bond that will mature in 14 years and pays quarterly interest. This means that she will receive quarterly entert payments on the lace value the bond 10.000$ at %8 nominal interest . After 14 years she will receive the face value of the bond. How much should she be willing to pay for the bond today? Ms. Jones should be willing to pay $ for the bond today (Round to the nearest dollar)2. You will keep $1,000 in savings for one year. What is the EAR of each of the following saving accounts? And, which savings account should you choose? a) Savings account with 16% return compounded annuallyA certain person invests $ 25,000 in a fund that pays 9% compound interest semi-annually. it will have 5 years at the bottom? A. $ 37,455. 19 B. $ 35,952.20 C. $ 38.824.24 D. $ 39,900.21
