1) Assume that at the end of each year for 20 years youdeposit $350 into an account earning 5% per year. How much willyou have in your account at the end of the 20year period?
(Round the final answer to two decimal places. Enter the answerwithout symbols (ie. if the answer is $1.35 enter 1.35in the answer box)
2) What is the approximate yield to maturity on a Canada SavingsBond 5.0 trading at 98.0 that matures in 20 years?
The approximate yield to maturity (in decimal form)is _____
(Round to four decimal places as needed.)
3) You purchased 600 shares of common stock on margin at$45 per share and sold them 9 months later at $50. Assume themargin requirement is 80%, interest on margin used is 5%, andcommission paid on each transaction is 2%. What is your capitalgain on this investment?
The capital gain on the investment is ____
4)
You have $4,000 to invest, and your broker has set amargin requirement of 80%. What is the total value of theinvestment you can make?
The total value of your investment is _____
Enter a whole number with no decimal places.
1) Assume that at the end of each year for 20 years you deposit $350 into an account earning 5% per year. How much wil
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