Question: 5 6 7 50 A A C C 3 4 1 2 Task 3-Calculating Time Value of Money & Bond Prices Question 1 -

5 6 7 50 A A C C 3 4 1 2 Task 3-Calculating Time Value of Money & Bond Prices Question 1 - You are going to receive $235 per month for the next seven years. What is the value of this annuity if the discount rate is 8.33%7 (hint: remember to adjust for monthly compounding) (5 points) Input Label Interest Rate # of Periods Payment Amount Present Value 8.33% 7 235.00 24208.33% Question 2 - Some time ago, Tracie purchased two acres of land costing $154,000. Today, that land is valued at $294,000. How long has she owned this land if the price of the land has been increasing by 2.21 percent per year? (5 points) Input Label Growth Rate Present Value Future Value 2.21% 154,000.00 294,000.00 0.00 Years + Question 3 - Roadside Markets has bond with a par value of $1,000 that pays a 9.5% coupon semiannually. The bond was settled on Jan 1, 2020 1, 2030. What is the price of the bond if the yield to maturity is 8.8%. (5 points) Cover Task 1 - OCF Task 2 - Financial Planning Task 3-TVM + Bonds + Ld tir
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