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Kelly Fisher invested a total of $20,000 in two municipal bonds that have yields of 8%...
12 pts 3. Formulate but do not solve the problem. Kelly Fisher has a total of...
12 pts 3. Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.06% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,990, how much does she have invested in each bond? Let x the bond with $0.07% interest per year.
You have $12,000 to invest, and three different funds from which to choose. The municipal bond...
You have $12,000 to invest, and three different funds from which to choose. The municipal bond fund has a 7% return, the local bank's CDs have an 8% return, and the high-risk account has an expected (hoped-for) 12% return. To minimize risk, you decide not to invest any more than $2,000 in the high-risk account. For tax reasons, you need to invest at least three times as much in the municipal bonds as in the bank CDs. Assuming the year-end...
I would love to have this answer with the explanation Kelly intends to go to law...
I would love to have this answer with the explanation
Kelly intends to go to law school following the completion of a bachelor's degree. Because she earned academic scholarships that will pay for her undergraduate college tuition, she is able to save for law school. Kelly is an ambitious student and works a part-time job, 20 hours per week during the school year, and then two jobs during the summer weeks totaling 60 hours per week. If Kelly is able...
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual...
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%?
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%?
You invested $25,000 in two accounts paying 5% and 8% annual interest respectively, If the total...
You invested $25,000 in two accounts paying 5% and 8% annual interest respectively, If the total interest earned for the year was $1460, how much was invested at each rate? The amount invested at 5% is $
Solve the problem. A $170,000 trust is to be invested in bonds paying 8%, CDs paying...
Solve the problem. A $170,000 trust is to be invested in bonds paying 8%, CDs paying 5%, and mortgages paying 9%. The bond and CD investment must equal the mortgage investment. To earn a $13,310 annual income from the investments, how much should the bank invest in bonds? a) $45,000 b) $47,000 c) $85,000 d) $38,000
5a FYI bonds have a par value of $1,000. The bonds pay an 8% annual coupon...
5a FYI bonds have a par value of $1,000. The bonds pay an 8% annual coupon and will mature in 11 years. i) Calculate the price if the yield to maturity on the bonds is 7%, 8% and 9%, respectively. ii) What is the current yield on these bonds if the YTM on the bonds is 7%, 8% and 9%, respectively. Hint, you can only calculate current yield after you have determined the intrinsic value (price) of the bonds. iii)...
Let X and Y represent annual percentage returns of two utility bonds. The joint distribution of X and Y is given below....
Let X and Y represent annual percentage returns of two utility bonds. The joint distribution of X and Y is given below. Assume that an investor has a fixed amount of money to be invested during the coming year. 10 .03 .03 .00 .00 04. .04 06 .06 04 .00 .02 .20 .02 10 08 08 .00 .04 04. 06 06 12 .00 03 03 04 Q7. Compute the expected value of the percentage return earned by the investor if...
8. You have just received an inheritance of $20,000. You wish to invest in fixed income...
8. You have just received an inheritance of $20,000. You wish to invest in fixed income securities such as bonds, which you think are less risky than stocks. After some research, you have narrowed down your choices to the following three fixed income securities: One-year Treasury Bill: Face value of $1000 Yield to maturity of 1.74% Coupon Bond A: Two years to maturity Face value of $1000 Coupon rate of 3%, with semi-annual coupon payments Price multiple of face value...
(1 point) A man invests his savings in two accounts, one paying 6% and the other...
(1 point) A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower- yielding account because it is less risky. His annual interest is $7568 dollars. How much did he invest at each rate? Your answer is: Amount invested at 6% equals $ Amount invested at 10% equals $
12 pts 3. Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.06% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,990, how much does she have invested in each bond? Let x the bond with $0.07% interest per year.
I would love to have this answer with the explanation
Kelly intends to go to law school following the completion of a bachelor's degree. Because she earned academic scholarships that will pay for her undergraduate college tuition, she is able to save for law school. Kelly is an ambitious student and works a part-time job, 20 hours per week during the school year, and then two jobs during the summer weeks totaling 60 hours per week. If Kelly is able...
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%?
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%?
You invested $25,000 in two accounts paying 5% and 8% annual interest respectively, If the total interest earned for the year was $1460, how much was invested at each rate? The amount invested at 5% is $
5a FYI bonds have a par value of $1,000. The bonds pay an 8% annual coupon and will mature in 11 years. i) Calculate the price if the yield to maturity on the bonds is 7%, 8% and 9%, respectively. ii) What is the current yield on these bonds if the YTM on the bonds is 7%, 8% and 9%, respectively. Hint, you can only calculate current yield after you have determined the intrinsic value (price) of the bonds. iii)...
Let X and Y represent annual percentage returns of two utility bonds. The joint distribution of X and Y is given below. Assume that an investor has a fixed amount of money to be invested during the coming year. 10 .03 .03 .00 .00 04. .04 06 .06 04 .00 .02 .20 .02 10 08 08 .00 .04 04. 06 06 12 .00 03 03 04 Q7. Compute the expected value of the percentage return earned by the investor if...
(1 point) A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower- yielding account because it is less risky. His annual interest is $7568 dollars. How much did he invest at each rate? Your answer is: Amount invested at 6% equals $ Amount invested at 10% equals $
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