You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into their systems and is offering to pay you $458,000 today, plus $458,000 at the end of each of the following six years for permission to do this. If the appropriate interest rate is 7 percent, what is the present value of the cash flow stream that the company is offering you? (Round answer to the nearest whole dollar, e.g. 5,275.)
|
Present value |
|
$ |
Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $918.87. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,004.34, what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
|
Effective annual yield |
|
|
% |
|
|
I need the answer for this two questions. I have tree chances to get the right answer. I will pay if given the correct answer. Will dispute the charge if I fail. pays. 10 for both
0 comments