Question: Please help with these practice questions. the appendix A-D are in screenshots as well You will deposit $11,000 today. It will grow for 10 years















Please help with these practice questions. the appendix A-D are in screenshots as well


















You will deposit $11,000 today. It will grow for 10 years at 8% interest compounded semiannuallyt You will then withdraw the funds annually over the next 8 years. The annual interest rate is 6%. Your annual withdrawal will be: Use Appendix A and Appendix D to calculate the answer. Multiple Choice 0 $243 5 0 $7,128 0 $5,136 0 $3,881 TB MC Qu. 09-10 Sharon Smith will receive... Sharon Smith will receive $1.14 million in 25 years. The discount rate is 11%. As an alternative, she can receive $84,360 today. Which should she choose? Use Appendix B to calculate the answer. Multiple Choice 0 she should be indifferent. $84,360 today. the $1.14 million dollars in 25 years. O need more information. TB MC Qu. 09-14 Mike Carlson will receive... Mike Carlson will receive $17,000 a year from the end of the third year to the end of the 17 year (15 payments). The discount rate is 12%. The present value today of this deferred annuity is: Use Appendix B and Appendix D to calculate the answer. Multiple Choice O $102,165 O $86,752 O $92,282 O $73,558TB MC Qu. 09-09 Lou Lewis borrows... Lou Lewis borrows $25,000 to be repaid over 14 years at 9 percent. Repayment of principal in the first year is: Use Appendix D to calculate the answer. (Round your intermediate calculations to the nearest dollar value.) Multiple Choice O $3,211 O $961 O $1,045 O $1,188TB MC Qu. 09-11 Pedro Gonzalez will invest... Pedro Gonzalez will invest $26,000 at the beginning of each year for the next 12 years. The interest rate is 9 percent. What is the future value? Use Appendix C to calculate the answer. Multiple Choice O $523,666. O $561,814. O $570,778. O $596,778.TB MC Qu. 09-05 To save for a new car.. To save for a new car, Samuel Smith will invest $17,000 at the end of each year for the next 5 years. The interest rate is 8%. What is the future value? Multiple Choice O $99,739 O $76,602 O $85,000 O $16,980TB MC Ou. 09-13 Dr. J. wants to buy a Dell computer which will cost... Dr. J. wants to buy a Dell computer which will cost $3,100 eight years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 7% annual return. How much should he set aside? Use Appendix C to calculate the answer. (Round your nal answer to 2 decimal places.) Multiple Choice 0 $352.14 $277.14 0 0 $302.14 0 $402.14 TB MC Ou. 16-02 A bond with a coupon rate... A bond with a coupon rate of 80% (assume it is paid once annually), maturing in 9 years at a value of $1,000 and a current market price of $920 will have a current yield of (Round your answer to 2 decimal places.) Multiple Choice 0 9.70% 8.70% 7.70% O O 9.20% O TB MC Ou. 16-01 Buchanan Corp. is refunding... Buchanan Corp. is refunding $13 million worth of11% debt. The new bonds will be issued for 8%. The corporation's tax rate is 32%. The call premium is 8%. What is the net cost of the call premium after taxes? Multiple Choice 0 $711,700 0 $742,200 0 $707,200 0 $722,200 TB MC Qu. 16-03 Solow Corp. has a bond with... Solow Corp. has a bond with annual interest payments of $170 maturing in 13 years at a value of $1,000 per bond. The current market price is $920. What will the nominal yield be? Multiple Choice O 17% O 20% O 19% O 21%Appendix D Present value of an annuity of $1, PV IFA PVA = A (1 + i)n Percent Period 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 1.970 1.942 1.913 1.886 1.859 1.808 1.783 1.759 1.736 1.713 3 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3. 102 3.037 5 4.853 4.713 4.580 4.452 4.329 4.212 4. 100 3.993 3.890 3.791 3.696 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.231 4.111 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.033 4.868 4.712 7.652 7.325 7.020 6.733 6.210 5.971 5.747 5.535 5.335 5. 146 4.968 8.566 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.537 5.328 9.471 8.983 8.530 8.11 1 7.722 7.360 7.024 6.710 6.418 6.145 5.889 5.650 11 10.368 9.787 9.253 8.760 7.887 7.499 7.139 6.805 6.495 6.207 5.938 12 .......... 11.255 10.575 9.954 9.385 8.863 7.943 7.536 7.161 6.492 6. 194 13 11.348 9.986 9.394 8.853 8.358 7.904 7.487 7.103 6.750 6.424 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.367 6.982 6.628 13.865 12.849 11.938 11.1 18 10.380 9.712 9. 108 8.559 8.061 7.606 7.191 6.811 16 14.718 13.578 12.561 10.838 10.106 9.447 8.851 8.313 7.824 7.379 6.974 17 15.562 14.292 13. 166 12. 166 11.274 9.763 9.122 8.544 8.022 7.549 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.702 7.250 19 17.226 15.678 14.324 13.134 12.085 11. 158 10.336 9.604 8.950 8.365 7.839 7.366 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9. 129 8.514 7.963 7.469 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 8.422 7.843 30 25.808 22.396 19.600 17.292 15.372 12.409 11.258 10.274 9.427 8.694 40 32.835 27.355 23.115 19.793 17.159 15.046 13.332 1 1.925 10.757 9.779 8.951 8.244 39. 196 31.424 25.730 21.482 18.256 15.762 13.801 10.962 9.915 9.042 8.304\fAppendix C Future value of an annuity of $1, FV IFA FVA = A (1 + 1)"-1 Percent Period 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2.030 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2. 1 10 3 ............... 3.030 3.060 3.091 3.122 3.153 3. 184 3.215 3.246 3.278 3.310 3.342 T ................. 4.060 4.122 4.184 4.246 4.310 4.375 4.440 4.506 4.573 4.641 4.710 ............. 5. 101 5.204 5.309 5.416 5.526 5.637 5.751 5.867 5.985 6. 105 6.228 6.152 6.308 6.468 6.633 6.802 6.975 7.153 7.336 7.523 7.716 7.913 7.214 7.434 7.662 7.898 8.142 8.394 8.654 8.923 9.200 9.487 9.783 8.286 8.583 8.892 9.214 9.549 9.897 10.260 10.637 1 1.028 11.436 11.859 9 9.369 9.755 10.159 10.583 11.027 11.491 11.978 12.488 13.021 13.579 14.164 10 10.462 10.950 11.464 12.006 12.578 13. 181 13.816 14.487 15.193 15.937 16.722 11.567 12. 169 12.808 13.486 14.207 14.972 15.784 16.645 17.560 18.531 19.561 12 12.683 13.412 14. 192 15.917 16.870 17.888 18.977 20.141 21.384 22.713 13 13.809 14.680 15.618 16.627 17.713 18.882 20.141 21.495 22.953 24.523 26.212 14 14.947 15.974 17.086 18.292 19.599 21.015 22.550 24.215 26.019 27.975 30.095 15 16.097 17.293 18.599 20.024 21.579 23.276 25.129 27.152 29.361 31.772 34.405 16 17.258 18.639 20.157 21.825 23.657 25.673 27.888 30.324 33.003 35.950 39. 190 17 18.430 20.012 21.762 23.698 25.840 28.213 30.840 33.750 36.974 40.545 44.501 18 19.615 21.412 23.414 25.645 28.132 30.906 33.999 37.450 41.301 45.599 50.396 19 20.811 22.841 25.117 27.671 30.539 33.760 37.379 41.446 46.018 51.159 56.939 20 22.019 24.297 26.870 29.778 33.066 36.786 40.995 45.762 51.160 57.275 64.203 25 28.243 32.030 36.459 41.646 47.727 54.865 63.249 73. 106 84.701 98.347 114.41 30 34.785 40.588 47.575 56.085 66.439 79.058 94.461 113.28 136.31 164.49 199.02 40 48.886 60.402 75.401 95.026 120.80 154.76 199.64 259.06 337.89 442.59 581.83 50 64.463 84.579 1 12.80 152.67 209.35 290.34 406.53 573.77 815.08 1, 163.9 1,668.8
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