If you purchased a property for $42500 14 years ago, what is your expected annual rate of...
If you purchased a property for $42500 14 years ago, what is your expected annual rate of return if you can sell the property for $838000 today and you assume annually compounding? (Express your answer to two decimal places such as xx.xx. Do not include the % sign.)
Homework Answers
Rate of return is given as equal to=(Future Value/Present
Value)^(1/t)-1=(838000/42500)^(1/14)-1=23.73%
Add Answer to:
If you purchased a property for $42500 14 years ago,
what is your expected annual rate of...
You wish to retire in 37 years with annual retirement income from your savings of $109,126...
You wish to retire in 37 years with annual retirement income from your savings of $109,126 per year. You expect to draw this annual payment for 22 years. How much to the nearest whole dollar must you contribute to your retirement savings each year in order to be able to withdraw $109,126 during retirement if your retirement savings will earn 12.3% per year between now and when you retire, and 8.5% per year after you retire? QUESTION 93 Assume that...
Your grandfather purchased a $1,000 face-value bond 10 years ago. When he purchased the bond, it...
Your grandfather purchased a $1,000 face-value bond 10 years ago. When he purchased the bond, it had 30 years to maturity and a coupon rate of 9% paid annually. Now you want to sell the bond and read that the yield on similar bonds is 3.65%. What can you sell the bond for today?
Four years ago, your firm issued $1,000 par, 25-year bonds, with a 9% coupon rate and...
Four years ago, your firm issued $1,000 par, 25-year bonds, with a 9% coupon rate and a 12% call premium. Assume semiannual compounding. If these bonds are now called, what is the actual yield to call for the investors who originally purchased them at par? Do not round intermediate calculations. Round your answer to two decimal places. ____% annually If the current interest rate on the bond is 6% and the bonds were not callable, at what price would...
You purchased 250 shares of General Motors stock at a price of $89.79 two years ago....
You purchased 250 shares of General Motors stock at a price of $89.79 two years ago. You sold all stocks today for $87.95. During this period the stock paid dividends of $5.15 per share. What is your annualized holding period return (annual percentage rate)? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Your Answer:
You purchased a zero-coupon bond one year ago for $283.83. The market interest rate is now...
You purchased a zero-coupon bond one year ago for $283.83. The market interest rate is now 9 percent. Assume semiannual compounding. If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return for the past year
You purchased a zero-coupon bond one year ago for $281.83. The market interest rate is now...
You purchased a zero-coupon bond one year ago for $281.83. The market interest rate is now 9 percent. Assume semiannual compounding. If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return for the past year
You purchased a zero-coupon bond one year ago for $267.35. The market interest rate is now...
You purchased a zero-coupon bond one year ago for $267.35. The market interest rate is now 5.3 percent. If the bond had 25 years to maturity when you originally purchased it, what was your total return for the past year? Assume semiannual compounding. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
You purchased a zero-coupon bond one year ago for $284.83. The market interest rate is now...
You purchased a zero-coupon bond one year ago for $284.83. The market interest rate is now 6 percent. Assume semiannual compounding. If the bond had 21 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. b. c. Three years ago you purchased a 9% coupon bond that pays semiannual coupon...
a.
b.
c.
Three years ago you purchased a 9% coupon bond that pays semiannual coupon payments for $962. What would be your bond equivalent yield if you sold the bond for current market price of $1,045? Your bond equivalent yield if you sold the bond for current market price is Round to two decimal places. Assume that an investor pays $920 for a long-term bond that carries a coupon of 11%. In 3 years, he hopes to sell the...
1. Imagine that 50 years ago, your aunt made an investment of $10 into an account...
1. Imagine that 50 years ago, your aunt made an investment of $10 into an account that earned 12% each year. What is the effect of compounding? (Round to 2 decimal places, do not include dollar signs in your response.) 2. When first introduced in 1985, Nike Air Jordan’s sold for $65. Today (July 2, 2018) on stockx.com, a pair sold for $3023. What is the annual rate of growth of the price of the Air Jordan’s? (Note – assume...
Your grandfather purchased a $1,000 face-value bond 10 years ago. When he purchased the bond, it had 30 years to maturity and a coupon rate of 9% paid annually. Now you want to sell the bond and read that the yield on similar bonds is 3.65%. What can you sell the bond for today?
You purchased a zero-coupon bond one year ago for $283.83. The market interest rate is now 9 percent. Assume semiannual compounding. If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return for the past year
You purchased a zero-coupon bond one year ago for $281.83. The market interest rate is now 9 percent. Assume semiannual compounding. If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return for the past year
You purchased a zero-coupon bond one year ago for $284.83. The market interest rate is now 6 percent. Assume semiannual compounding. If the bond had 21 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a.
b.
c.
Three years ago you purchased a 9% coupon bond that pays semiannual coupon payments for $962. What would be your bond equivalent yield if you sold the bond for current market price of $1,045? Your bond equivalent yield if you sold the bond for current market price is Round to two decimal places. Assume that an investor pays $920 for a long-term bond that carries a coupon of 11%. In 3 years, he hopes to sell the...
Most questions answered within 3 hours.
-
Which of the following pairs of ions have the same electron
configuration?
I: Br− and Se2−...
asked 2 hours ago -
The Foremost Composite Materials Company is planning a two-day
sales conference for October 19-20. The conference...
asked 2 hours ago -
3) Illustrate the observed pattern of relatedness of organisms
versus adaptations to specific conditions. This means...
asked 2 hours ago -
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 3 hours ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 4 hours ago -
How would I use switch statements to write a program that will
take an input of...
asked 3 hours ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 4 hours ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 4 hours ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 4 hours ago -
Situation: A building that is 618 m above the ground floor. How
many times would a...
asked 4 hours ago -
help me and discuss one successful and one
unsuccessful international company/busines in Indonesia.whyit
succeed and why...
asked 4 hours ago -
I- Choose the best answer
Which of the following statements about the structure and
packaging of...
asked 4 hours ago