This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.t Country U.S. Jаpan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% Assuming that you invest $8,000 in Japan, how long (to the nearest year) must you wait before your investment is worth $18,000 if the interest is compounded annually? |× yr Need Help? Read It Watch It

This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.t Country U.S. Jаpan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% Assuming that you invest $8,000 in Japan, how long (to the nearest year) must you wait before your investment is worth $18,000 if the interest is compounded annually? |× yr Need Help? Read It Watch It

Name: This exercise is based on the following table, which lists interest r
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Description: This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014.tCountryU.S.JapanGermanyAustraliaBrazilYield2.5%0.5%1.0%3.5%4.2%Assuming that you inv

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 1E

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Suppose that at the beginning of 2004 you invested $8,500 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below: Year Stivers Trippi 1 $11,000 $5,600 2 $12,000 $6,300 3 $13,000 $6,900 4 $14,000 $7,600 5 $15,000 $8,500 6 $16,500 $9,200 7 $17,500 $9,900 8 $19,000 $10,600 Which of the two mutual funds performed better over this time period?
Which of the following bond has the highest interest rate risk and why? Show work if needed. A 5 year treasury bond with 10% coupon rate, a 5 year treasury bond with zero coupon rate, a 10 year treasury bond with 10% coupon rate, or a 10 year treasury bond with zero coupon rate?
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Year Stivers Trippi Year 1 $10,600 $5,600 Year 2 $11,700 $6,300 Year 3 $12,700 $7,000 Year 4 $14,000 $7,600 Year 5 $15,000 $8,600 Year 6 $16,100 $9,200 Year 7 $17,200 $9,900 Year 8 $18,400 $10,700 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi Mean annual return (to 3 decimals)
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Year Stivers Trippi Year 1 $10,500 $5,600 Year 2 $11,800 $6,400 Year 3 $13,000 $6,900 Year 4 $14,000 $7,700 Year 5 $14,900 $8,600 Year 6 $16,100 $9,200 Year 7 $17,000 $9,900 Year 8 $18,200 $10,600 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi Mean annual return (to 3 decimals) % % Which mutual fund performed better?
From the following information calculate the net asset values.( round your answer to the nearest cent.) Current market value of fun investment: a. $5,790,000 b.14,280,000 Current liabilities: a. $890,000 b. $900,000 Number of shares outstanding: a. 400,000 b. 960,000 NAV: a. ?? b. ??
CityBankoffersa4.75%simple interestrate,whileFirstNational offers3.9%.IfTomwantstoset upanewaccountwith$500,how muchmoremoneywillheearnin interestatCityBankoverFirst National after 12 years?
Suppose that at the beginning of Year 1 you invested 10,000 USD in the Stivers mutual fund and 5,000 USD in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Year Stivers Trippi Year 1 $11,000 $5,600 Year 2 $12,000 $6,300 Year 3 $12,900 $6,900 Year 4 $13,900 $7,600 Year 5 $14,900 $8,600 Year 6 $16,000 $9,300 Year 7 $17,100 $9,900 Year 8 $18,300 $10,700 a. Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Mean annual return (to 3 decimals) Stivers is ____% and ____% for Trippi b. Which mutual fund performed better?
Find the simple interest and tge maturity value in each of the following cues.
The following table lists several corporate bonds issued during a particular quarter. Company AT&T Bank Of America General Electric Goldmans Sachs Verizon Wells Fargo Time to Maturity (Years) 10 10 2 3 8 7 Anuall Rate (%) 3.40 3.00 5.25 7.15 5.15 2.50 If the General Electric bonds you purshased had paid you a total of $8,840 at maturity,how much did you originally invest? (Round your answer to the nearest dollar.) $
One year ago, Big Deal Closed-End Fund had a NAV of $10.28and was selling at a(n) 16% discount. Today, its NAV is $11.58 and it is priced at a(n) 4% premium. During the year, Big Deal paid dividends of $0.33 and had a capital gains distribution of $0.91. On the basis of the above information, calculate each of the following. a. Big Deal's NAV-based holding period return for the year. b. Big Deal's market-based holding period return for the year. Did the market premium/discount hurt or add value to the investor's return? Explain. c. Repeat the market-based holding period return calculation, except this time assume the fund started the year at a(n)16% premium and ended it at a(n) 4% discount.(Assume the beginning and ending NAVs remain at $10.28 and $11.58, respectively.) Is there any change in this measure of return? Why?
Suppose that the following table gives information about your mutual fund: Year Rate of Return 2017 2018 5.4% 2019 4.9% The overall rate of return between 2017 and 2019 was 5%. If you invested $2,000 in this fund at the beginning of 2017, what would your investment be worth at the end of 2017? Round your answer to the nearest dollar.
The following table lists several corporate bonds. Treat these as zero coupon bonds, as in Example 2. Company AT&T Bank of America General Electric Goldman Sachs Verizon Wells Fargo Time to Maturity (years) 10 10 2 3 8 7 Annual Compound Interest Rate (%) 2.97 4.42 6.12 6.81 5.41 3.18 If you paid a total of $6,215.89 for General Electric bonds, what is their maturity value? (Round your answer to the nearest $1.) $