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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

Posted: Wed Jul 06, 2022 6:41 pm
by answerhappygod
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.