Question: PLEASE ANSWER QUICKLY Tony has a 200,000 home loan for 30 years paid monthly at a nominal annual rate of 6.5% convertible monthly. Find the

PLEASE ANSWER QUICKLY

Tony has a 200,000 home loan for 30 years paid monthly at a nominal annual rate of 6.5% convertible monthly. Find the amount of interest paid in the 50 th payment. (Hint: find the monthly payment first, then directly use AMORT function from your calculator) A 6,000 bond with 2% semiannual coupons is redeemable at 6,050 in 15 years. What price should be paid to eam a nominal annual rate of 3% convertible semiannually

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