A Government of Canada bond will pay $50 at the end of every six months for...
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A Government of Canada bond will pay $50 at the end of every six months for the next 15 years, and an additional $1000 lump payment at the end of the 15 years. |
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What is the appropriate price to pay if you require a rate of return of 6.5% compounded semiannually? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
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A Government of Canada bond will pay $50 at the end of every six
months for...
Jane wants to make an investment which will pay $500 every six months over next five...
Jane wants to make an investment which will pay $500 every six months over next five years. How much should Jane invest if she requires 10% rate of return compounded semiannually?
Marion’s grandfather’s will established a trust that will pay her $3200 every three months for 11...
Marion’s grandfather’s will established a trust that will pay her $3200 every three months for 11 years. The first payment will be made six years from now, when she turns 19. If money is worth 8.2% compounded quarterly, what is today’s economic value of the bequest? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Deposits of $96.00 are made at the end of every six months for 9.5 years. What...
Deposits of $96.00 are made at the end of every six months for 9.5 years. What will the deposits amount to if interest is 9% compounded semi-annually? The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What is the discounted value of $1327.00 paid at the end of every six months for...
What is the discounted value of $1327.00 paid at the end of every six months for 10 years if interest is 8% per annum compounded quarterly? The discounted value is $____? (Round the final answer to the nearest cent as needed. Round all intermediate values six decimal places as needed.) Please help!! !!!!! assistancr needed !!
Lucy purchases a retirement annuity that will pay her $1,500 at the end of every six...
Lucy purchases a retirement annuity that will pay her $1,500 at the end of every six months for the first eight years and $700 at the end of every month for the next five years. The annuity earns interest at a rate of 3.9% compounded quarterly. a. What was the purchase price of the annuity? Round to the nearest cent b. How much interest did Lucy receive from the annuity? Round to the nearest cent
Catherine purchases a retirement annuity that will pay her $2,500 at the end of every six months for the first ten years and $600 at the end of every month for the next six years. The annuity earns interest at a rate of 2.8% compounded quarterly.
Catherine purchases a retirement annuity that will pay her $2,500 at the end of every six months for the first ten years and $600 at the end of every month for the next six years. The annuity earns interest at a rate of 2.8% compounded quarterly.a). What was the purchase price of the annuity?b). How much interest did Catherine receive from the annuity?
How much would you pay for a Canada Savings Bond with a face value of $1,000...
How much would you pay for a Canada Savings Bond with a face value of $1,000 that offers a 6% coupon (paid in two semi-annual payments starting in six months) and matures in 13 years? Prevailing interest rates are 5% compounded semi-annually. The bond is worth $ . (Round the final answer to the nearest cent as needed. Keep all decimal places as you work through the problem.)
What is the value today of a money machine that will pay $1,417.00 every six months...
What is the value today of a money machine that will pay $1,417.00 every six months for 27.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. What is the value today of a money machine that will pay $4,146.00 per year for 35.00 years? Assume the first payment is made today and that there are 35.0 total payments. The interest rate is 6.00%. Derek will deposit $3,988.00 per year for 19.00...
What is the value today of a money machine that will pay $1,206.00 every six months...
What is the value today of a money machine that will pay $1,206.00 every six months for 14.00 years? Assume the first payment is made six months from today and the interest rate is 5.00%. Please show work. What is the value today of a money machine that will pay $2,339.00 every six months for 10.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 7.00%.
What is the value today of a money machine that will pay $4,721.00 every six months...
What is the value today of a money machine that will pay $4,721.00 every six months for 21.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. Submit Answer format: Currency: Round to: 2 decimal places.
Deposits of $96.00 are made at the end of every six months for 9.5 years. What will the deposits amount to if interest is 9% compounded semi-annually? The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
How much would you pay for a Canada Savings Bond with a face value of $1,000 that offers a 6% coupon (paid in two semi-annual payments starting in six months) and matures in 13 years? Prevailing interest rates are 5% compounded semi-annually. The bond is worth $ . (Round the final answer to the nearest cent as needed. Keep all decimal places as you work through the problem.)
What is the value today of a money machine that will pay $4,721.00 every six months for 21.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. Submit Answer format: Currency: Round to: 2 decimal places.
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