Suppose the government decides to issue a new savings bond that is guaranteed to double in...
|
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 24 years. Assume you purchase a bond that costs $25. |
|
a. |
What is the exact rate of return you would earn if you held the bond for 24 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| b. | If you purchased the bond for $25 in 2017 at the then current interest rate of .15 per year, how much would the bond be worth in 2029? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| c. | In 2029, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2041. What annual rate of return will you earn over the last 12 years? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Homework Answers
![Home nert Page Layout Formulas Data Review View dd-Ins Σ AutoSum Cut ー E ゴWrap Text Sort &Find & Conditional Format CeInsert Delete Format Formatting, as Table w styles. ▼ ㆆ ▼ 2 ClearFe Select Edting ta copy. в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Format Painter Cells Number Alignment Clipboard BG BH BI BJ BE BF BC BD NEW SAVINGS BOND 12 13 14 15 16 17 18 19 20 21 PV FV YEARS RATE OF RETURN 25 50 24 2.9396 | EXCEL-RATE BE 15,,-BE13,BE14) ] PV YEARS RATE FV 25 12 0.1 5% $25.45 EXCEL FV(BE20,BE19,,-BE18) ] 23 24 25 26 27 28 29 30 $25.45 5 50 12 PV YEARS 5.79% [ EXCEL-RATE(BE25,,-BE23,BE24)] RATE OF RETURN LOCK BOX DILUTION DOLLAR COST AVG MORTGAGE EXPO Sheetl Sheet2 Sheu 福 130% fv, annu CAP STRU VALUE CALCULATOR , LOAN OPTIONS rences: x261 16-01-2019](http://img.homeworklib.com/questions/8e072f10-70f4-11ea-9fa8-d73e576f0f52.png?x-oss-process=image/resize,w_560)
Add Answer to:
Suppose the government decides to issue a new savings bond that
is guaranteed to double in...
Suppose the government decides to issue a new savings bond that is guaranteed to double in...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. Assume you purchase a bond that costs $75. a. What is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.) year, how much would the bond...
Suppose the government decides to issue a new savings bond that is guaranteed to double in...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 18 years. Assume you purchase a bond that costs $100. a. What is the exact rate of return you would earn if you held the bond for 18 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16. b. If you purchased the...
Suppose the government decides to issue a new savings bond that is guaranteed to double in...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 22 years. Assume you purchase a bond that costs $100. a. What is the exact rate of return you would earn if you held the bond for 22 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If you purchased the...
Chapter 5 Homeworlk Suppose the government decides to issue a new savings bond that is guaranteed...
Chapter 5 Homeworlk Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 16 years. Assume you purchase a bond that costs $25. a. What is the exact rate of return you would earn if you held the bond for 16 years until 10 points it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)...
Solve for the unknown number of years in each of the following (Do not round intermediate...
Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Years Present Value $ 630 880 19,100 22,200 Interest Rate 8 % 12 18 Future Value 1.496 2,496 392,101 403,794 Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 24 years. Assume you purchase a bond that costs $25. a....
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under...
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $5,000 in March 2045, but investors would receive nothing until then. Investors paid DMF $1,790 for each of these securities; so they gave up $1,790 in March 2015, for the promise of a $5,000 payment 30 years later. a. Assuming you purchased the bond for $1,790, what rate...
Please help. Due soon :) In March 2015, Daniela Motor Financing (DMF), offered some securities for...
Please help. Due soon :)
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $1,000 in March 2055, but investors would receive nothing until then. Investors paid DMF $350 for each of these securities; so they gave up $350 in March 2015, for the promise of a $1,000 payment 40 years later. a. Assuming you purchased the...
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under...
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $2,000 in March 2055, but investors would receive nothing until then. Investors paid DMF $610 for each of these securities; so they gave up $610 in March 2015, for the promise of a $2,000 payment 40 years later. a. Assuming you purchased the bond for $610, what...
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under...
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $1,000 in March 2035, but investors would receive nothing until then. Investors paid DMF $440 for each of these securities; so they gave up $440 in March 2015, for the promise of a $1,000 payment 20 years later. a. Assuming you purchased the bond for $440, what...
In March 2018, Daniela Motor Financing (DMF). offered some securities for sale to the public. Under...
In March 2018, Daniela Motor Financing (DMF). offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $2.000 in March 2043, but investors would receive nothing until then. Investors paid DMF $730 for each of these securities, so they gave up $730 in March 2018, for the promise of a $2.000 payment 25 years later. a. Assuming you purchased the bond for $730, what rate...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. Assume you purchase a bond that costs $75. a. What is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.) year, how much would the bond...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 18 years. Assume you purchase a bond that costs $100. a. What is the exact rate of return you would earn if you held the bond for 18 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16. b. If you purchased the...
Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 22 years. Assume you purchase a bond that costs $100. a. What is the exact rate of return you would earn if you held the bond for 22 years until it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If you purchased the...
Chapter 5 Homeworlk Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 16 years. Assume you purchase a bond that costs $25. a. What is the exact rate of return you would earn if you held the bond for 16 years until 10 points it doubled in value? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)...
Solve for the unknown number of years in each of the following (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): Years Present Value $ 630 880 19,100 22,200 Interest Rate 8 % 12 18 Future Value 1.496 2,496 392,101 403,794 Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 24 years. Assume you purchase a bond that costs $25. a....
Please help. Due soon :)
In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $1,000 in March 2055, but investors would receive nothing until then. Investors paid DMF $350 for each of these securities; so they gave up $350 in March 2015, for the promise of a $1,000 payment 40 years later. a. Assuming you purchased the...
In March 2018, Daniela Motor Financing (DMF). offered some securities for sale to the public. Under the terms of the deal, DMF promised to repay the owner of one of these securities $2.000 in March 2043, but investors would receive nothing until then. Investors paid DMF $730 for each of these securities, so they gave up $730 in March 2018, for the promise of a $2.000 payment 25 years later. a. Assuming you purchased the bond for $730, what rate...
Most questions answered within 3 hours.
-
Two point charges of 7.0mL are initially 11.5m apart. What is
the change in potential energy...
asked 32 seconds from now -
It is possible to iterate through an array quickly and easily
using a loop?
asked 2 minutes ago -
Please write as a short answer
You have heartburn and a two hour working session on...
asked 3 minutes ago -
Please solve with excel and mention the excel function.
Thanks
Kevin deposits $10,000 in a savings...
asked 5 minutes ago -
Which Special Journal would the following transaction be
journalized in?
Sold merchandise on account to Customer...
asked 17 minutes ago -
Assuming 100% dissociation, calculate the freezing point (?fTf)
and boiling point (?bTb) of 1.45 ? K3PO4(aq)1.45...
asked 19 minutes ago -
An inflated helium balloon with a volume of 0.35L at
sea level (1.0 atm) was allowed...
asked 21 minutes ago -
Python 3.0 Please
Write a function that takes, as arguments, a binary string, a
list of...
asked 49 minutes ago -
(a) Calculate the momentum of a 2150 kg elephant charging a
hunter at a speed of...
asked 37 minutes ago -
all the following is an example of a fixed cost except: any cost
that changes in...
asked 39 minutes ago -
Briefly describe the changes in pupil diameter that occur with
changes in light intensity or distance...
asked 39 minutes ago -
A small sample from a vial of phenol melts at 39-40 °C. A larger
sample from...
asked 41 minutes ago