17) A university issues a bond with a face value of $10,000 and a coupon rate of 5.96% that matures on 07/15/2018. The holder of such a bond receives coupon payments of $298. How frequently are coupon payments made in this case?

18) An investment pays you $20,000 at the end of this year, and $10,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is 4% per year?

19) A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 4.9%, which of the following would be closest to the price this bond will trade at?

22) Suppose you invest $2,000 into a mutual fund that is expected to earn a rate of return of 12%. The amount of money will you have in ten years is closest to which of the following? The amount you will have in 50 years is closest to which of the following?

23) The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 8.6% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.9%, then the price that this bond trades for will be closest to: