Homework Answers
Answers.
Formula for simple disount rate annual
P(1-d)=A
a) 4.753%
b) 4.62%
C) i. $39515.62
ii. 13.97%
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(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $40000...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $35000...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $35000 maturing on February 21, 2021. She pays $34300. a) Find Cecilia's annualized yield rate. Answer = %. b) Find the simple (annual) rate of discount on the T-Bill. Answer = %. c) On January 21, 2021, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 10%. i. How much will Delila pay to...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $30000...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $30000 maturing on February 26, 2021. She pays $29400. a) Find Cecilia's annualized yield rate. Answer = | %. b) Find the simple (annual) rate of discount on the T-Bill. Answer = %. c) On January 20, 2021, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 13%. i. How much will Delila pay...
7. On December 8, 2017, Cecilia buys a T-Bill with a face value of $35,000 maturing...
7. On December 8, 2017, Cecilia buys a T-Bill with a face value of $35,000 maturing on February 14, 2018. She pays $34,174.13. (a) Find Cecilia's annualized yield rate. (b) Find the simple (annual) rate of discount on the T-Bill (c) On January 8, 2018, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 14% i. How much will Delila pay to Cecilia? ii. Find Cecilia's annualized yield
Only find the annualized yield for the 6-month Treasury bill. The other answers are all correct.
Only find the annualized yield for the 6-month Treasury
bill.
The other answers are all correct.
Homework: 4-1 MyLab Homework Save Score: 3 of 4 pts 4 of 8 (8 complete) HW Score: 67.97%, 21.75 of 32 pt & Problem 8-1 (algorithmic) Question Help U.S. Treasury Bill Auction Rates - March 2009. The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate...
i need #4 and 5 3. A Treasury bill has a face value of $10,000, is...
i need #4 and 5
3. A Treasury bill has a face value of $10,000, is selling for $9,800, and matures in 78 days. i. What is its discount rate? (9.231%) ii. What is the bond equivalent yield (BEY) if you purchase the security now? (9.550%) ii, Suppose that you purchase this bill and held it for 60 days and then sell it for S9,954.846154. What is the yield on your investment? (9.612%) iv. What is the effective annual yield...
A T-bill of face value $100 matures on January 1, 1995, at a simple discount of...
A T-bill of face value $100 matures on January 1, 1995, at a simple discount of 6% per year. • Find the present value on July 1, 1994. • Find the value of i equivalent to d. A store is running a promotion during which customers have two options for payment. Option one is to pay 90% of the purchase price two months after the date of sale. Option two is to deduct X% off the purchase price and pay...
TOPC. X51) If an investor buys a 39-week T-bill with a maturity value of $25,000 for...
TOPC. X51) If an investor buys a 39-week T-bill with a maturity value of $25,000 for $23,543 what annual interest rate (annual yield) will the investor earn? (Express your answer as a percentage, correct to one decimal place.) *52) An investment company pays 7% compounded quarterly. What is the effective rate? (Compute the answer to two decimal places). 53) How much should you invest now at 6% compounded semiannually to have $8,500 to bu a car in 2.5 years? ve...
14. If an investor buys a $50,000, 90-day T-bill for $49,2 annualized return on a simple...
14. If an investor buys a $50,000, 90-day T-bill for $49,2 annualized return on a simple (arithmetic) basis is: n l( 50 and holds i ill maturity,the 15. A newly issued T-bill with a $10,000 par value that sells for $9,850 maturity has a discount return of c. at a discount from par value d, only through a financial intermediary 16. Both T-bills and paper are a, with a stated coupon rate b at a premium above par value 17....
Problem 10-12A On January 1, 2019, Windsor, Inc. issued $2,280,000 face value, 8%, 10-year bonds at...
Problem 10-12A On January 1, 2019, Windsor, Inc. issued $2,280,000 face value, 8%, 10-year bonds at $2,133,677. This price resulted in an effective-interest rate of 9% on the bonds. Windsor uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on January 1. Your answer is partially correct. Try again. Prepare the journal entry to record the issuance of the bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered....
6. If all three versions of the efficient market hypothesis (EMH) are t atement below a....
6. If all three versions of the efficient market hypothesis (EMH) are t atement below a. There should be correlation between period retus true, choose the correct b. Technical analysis can result in superior returns. c. The market price would represent the true value of an asset d. Fundamental Security analysis would be beneficial in increasing the 1. PROBLEMSET ONE: Solve return on a portfolio. 7. (worth a total of 12 points): l going long") one Clearwire August $50 CALL...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $35000 maturing on February 21, 2021. She pays $34300. a) Find Cecilia's annualized yield rate. Answer = %. b) Find the simple (annual) rate of discount on the T-Bill. Answer = %. c) On January 21, 2021, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 10%. i. How much will Delila pay to...
(6 points) On December 8, 2020, Cecilia buys a T-Bill with a face value of $30000 maturing on February 26, 2021. She pays $29400. a) Find Cecilia's annualized yield rate. Answer = | %. b) Find the simple (annual) rate of discount on the T-Bill. Answer = %. c) On January 20, 2021, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 13%. i. How much will Delila pay...
7. On December 8, 2017, Cecilia buys a T-Bill with a face value of $35,000 maturing on February 14, 2018. She pays $34,174.13. (a) Find Cecilia's annualized yield rate. (b) Find the simple (annual) rate of discount on the T-Bill (c) On January 8, 2018, Cecilia will sell the T-Bill to Delila at a price that provides Delila with a simple (annual) discount rate of 14% i. How much will Delila pay to Cecilia? ii. Find Cecilia's annualized yield
Only find the annualized yield for the 6-month Treasury
bill.
The other answers are all correct.
Homework: 4-1 MyLab Homework Save Score: 3 of 4 pts 4 of 8 (8 complete) HW Score: 67.97%, 21.75 of 32 pt & Problem 8-1 (algorithmic) Question Help U.S. Treasury Bill Auction Rates - March 2009. The interest yields on U.S. Treasury securities in early 2009 fell to very low levels as a result of the combined events surrounding the global financial crisis. Calculate...
i need #4 and 5
3. A Treasury bill has a face value of $10,000, is selling for $9,800, and matures in 78 days. i. What is its discount rate? (9.231%) ii. What is the bond equivalent yield (BEY) if you purchase the security now? (9.550%) ii, Suppose that you purchase this bill and held it for 60 days and then sell it for S9,954.846154. What is the yield on your investment? (9.612%) iv. What is the effective annual yield...
A T-bill of face value $100 matures on January 1, 1995, at a simple discount of 6% per year. • Find the present value on July 1, 1994. • Find the value of i equivalent to d. A store is running a promotion during which customers have two options for payment. Option one is to pay 90% of the purchase price two months after the date of sale. Option two is to deduct X% off the purchase price and pay...
TOPC. X51) If an investor buys a 39-week T-bill with a maturity value of $25,000 for $23,543 what annual interest rate (annual yield) will the investor earn? (Express your answer as a percentage, correct to one decimal place.) *52) An investment company pays 7% compounded quarterly. What is the effective rate? (Compute the answer to two decimal places). 53) How much should you invest now at 6% compounded semiannually to have $8,500 to bu a car in 2.5 years? ve...
14. If an investor buys a $50,000, 90-day T-bill for $49,2 annualized return on a simple (arithmetic) basis is: n l( 50 and holds i ill maturity,the 15. A newly issued T-bill with a $10,000 par value that sells for $9,850 maturity has a discount return of c. at a discount from par value d, only through a financial intermediary 16. Both T-bills and paper are a, with a stated coupon rate b at a premium above par value 17....
Problem 10-12A On January 1, 2019, Windsor, Inc. issued $2,280,000 face value, 8%, 10-year bonds at $2,133,677. This price resulted in an effective-interest rate of 9% on the bonds. Windsor uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest on January 1. Your answer is partially correct. Try again. Prepare the journal entry to record the issuance of the bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered....
6. If all three versions of the efficient market hypothesis (EMH) are t atement below a. There should be correlation between period retus true, choose the correct b. Technical analysis can result in superior returns. c. The market price would represent the true value of an asset d. Fundamental Security analysis would be beneficial in increasing the 1. PROBLEMSET ONE: Solve return on a portfolio. 7. (worth a total of 12 points): l going long") one Clearwire August $50 CALL...
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