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1、固定收益证券作业11.Theamountaninvestorwillhavein15yearsif$1,000isinvestedtodayatanannualinterestrateof9%willbeclosestto:A.$1,350.B.$3,518・C.$3,642.2.Fiftyyearsago,aninvestorboughtashareofstockfor$10.Thestockhaspaidnodividendsduringthisperiod,yetithasreturned20%,compoundedannually,overthep
2、ast50years.Ifthisistrue,thesharepriceisnowclosestto:A.S4,550.B.$45,502.C.$91,004.3.Howmuchmustbeinvestedtodayat0%tohave$100inthreeyears?A.$77.75・B.$100.00.C.$126.30.4.Howmuchmustbeinvestedtoday,at8%interest,toaccumulateenoughtoretirea$10,000debtduesevenyearsfromtoday?Theamountthat
3、mustbeinvestedtodayisclosestto:A.$5,835.B.$6,123.C.$8,794.5.AnanalystestimatesthatXYZ，searningswillgrowfrom$3.00ashareto$4.50pershareoverthenexteightyears.TherateofgrowthinXYZ'searningsisclosestto:A.4.9%.B.5.2%.C.6.7%.6.If$5,000isinvestedinafundofferingarateofreturnof12%peryear,ap
4、proximatelyhowmanyyearswillittakefortheinvestmenttoreach$10,000?A.4years.B.5years.C.6years.7.Aninvestmentisexpectedtoproducethecashflowsof$500,$200,and$800attheendofthenextthreeyears.Iftherequiredrateofreturnis12%,thepresentvalueofthisinvestmentisclosestto:A.S835.B.$1,175.C.$1,235
5、.8.Givenan8.5%discountrate,anassetthatgeneratescashflowsof$10inyear1,-$20inyear2,$10inyear3,andisthensoldfor$150attheendofyear4,hasapresentvalueof:A.$108.29.B.$135.58.C.$163.42.1.Aninvestorhasjustwonthelotteryandwillreceive$50,000peryearattheendofeachofthenext20years.Ata10%interes
6、trate,thepresentvalueofthewinningsisclosestto:A.$425,67&B.$637,241.C.$2,863,750.2.If$10,000isinvestedtodayinanaccountthatearnsinterestatarateof9.5%,whatisthevalueoftheequalwithdrawalsthatcanbetakenoutoftheaccountattheendofeachofthenextfiveyearsiftheinvestorplanstodepletetheaccount
7、attheendofthetimeperiod?A.$2,453.B.$2,604.C.$2,750.3.Aninvestoristoreceivea15-year$8,000annuity,thefirstpaymenttobereceivedtoday.Atan11%discountrate,thisannuity'sworthtodayisclosestto:A.$55,855.B.$57,527.C.$63,855.4.Givenan11%rateofreturn,theamountthatmustbeputintoaninvestmentacco
8、untattheendofeachofthenexttenyear
