AT-bill with face value $10,000 and 87 days to maturity is selling at a bank discount ask yield of 3.4%. What is its bond equivalent yield? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) The answer is 3.43 %, show how to get this answer
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- An investor buys a $10,000 face value T-bill at a bank discount quote of 5.76% with 175 days to maturity. The investor's actual annual rate of return on this investment is _____. Group of answer choices 4.80% 4.97% 6.01% 6.64%1. If you receive $176 each month for 12 months and the discount rate is 0.04, what is the future value? (show the process and can use financial calculator)Investment X offers to pay you $5,800 per year for eight years, whereas Investment Y offers to pay you $7,900 per year for five years. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y If the discount rate is 5%. Investment X Investment Y Present value Investment X Investment Y 14 Calculate the present value for Investment X and Y If the discount rate is 15%. Present value M PA
- You would like to purchase a T-bill that has a $20,000 face value and is 309 days from maturity. The current price of the T-bill is $19,300. Calculate the discount yield on this T-bill. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.162))You will deposit $30,000 per year into an account beginning today that pays 13 percent per year. How long (in years) would it take for you want have a total of $1,000,000 at retirement? m Nper (or N) =n*m Rate (or I/Y)=i/m PV PMT FV Identify variables and use excel4. You are given the following information: A 183-day T-bill, face value $100, currently trading at a discount rate of 5% a) What is the price of the T-bill b) You sell the T-bill 10 days later. The T-bill discount rate is 4.5% c) What is the semi-annual compounded APR. Please answer with excel showing formulas.
- Find the annual financing cost of a 45 day revolving credit agreement with a 0.5% commitment fee. Assume you borrow $377,863m at 5.96%. You can borrow up to $500,000. b.Find the annual financing cost (AFC) or a 30 day line of credit where the bank requires a 10% compensating balance requirement. Assume you borrow $211,895m at 5.39% and you have $20,000 in the bank.You deposit $11,000 in an account that pays 6% interest compounded quarterly. A. Find the future value after one year. B. Use the future value formula for simple interest to determine the effective annual yield. Click the icon to view some finance formulas. ..... A. The future value is $ 11675. (Round to the nearest cent as needed.) B. The effective annual yield is %. (Round to the nearest tenth as needed.)Suppose you're offered the following two accounts to invest $10,000 for 5 years: 11% simple interest and 6% interest compounded monthly. Which is the best choice? Part: 0 / 3 Part 1 of 3 The future value of $10,000 using 11% simple interest is $ X Ś Round your answer to the nearest cent. Do not round any intermediate steps.
- Compute the simple interest INT for the specified length of time and the future value FV at the end of that time. Round all answers to the nearest cent. You borrow $78,000 for 10 months at 0.03% per month. X INT = $ FV = $AVI ARM with initial loan amount of $100,000, term of 30 years and the margin of 2.75%. Suppose the teaser rate is 3.25%, the Index rate is 2% in year 1 and 3% in year 2. (No caps) What is the monthly payment in year 2? Round to the nearest two decimals in every step Multiple Choice 579.94 679.94 550.943. If you receive $98 each month for 12 months and the discount rate is 0.07, what is the present value? (show the process and can use financial calculator)
