1a.) What is the price of a T-bill that matures in 270 days if the discount rate is 0.9% and par is $1,000?

1b.) What is the yield on a T-bill maturing in 180 days with a $990 current price and a $1000 par value?

Please show work and original formulas

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.1%. The probability distributions of the risky funds are:   

The correlation between the fund returns is .1560.

Suppose now that your portfolio must yield an expected return of 9% and be efficient, that is, on the best feasible CAL.

a. What is the standard deviation of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

b-1. What is the proportion invested in the T-bill fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

1. Which of the following is not a CPP benefit? a. Retirement pension b. Survivor benefit c. Death benefit d. Allowance for survivor

2. Demi is a Canadian citizen. She has an RRSP account in which she has currently invested $5,000,000 in mutual funds. The real return on her mutual funds is expected to be 7% over the ten years until her retirement. If she doesn’t save any more between now and retirement, how much will her retirement shortfall be if she needs $15,000,000 at retirement? a. $9,835,757 b. $3,000,000 c. $5,164,243 d. She will not have a shortfall.

3. Which of the following statements is not true about retirement savings? a. No tax is paid now on money paid into sheltered savings plans. b. Funds in sheltered savings plans grow before tax. c. No tax is ever paid on money paid into sheltered savings plans. d. Unsheltered savings are bought with after-tax dollars.

4. Marie is deciding if she should retire now at age 61 or wait until age 70. Her health is very good – she expects to live to 90. Which of the following statements is true about her CPP retirement income if she expects to live to age 90 and will be eligible to collect the full retirement benefit at age 65 and is using a discount rate of 3%? a. She should retire now. b. She should wait until age 70. c. It doesn’t make any difference. d. This cannot be assessed without knowing the amount of the full retirement benefit.

5. Which of the following statements about the steady-state financing rate is not true? a. It means CPP rates will not go above 4.95%. b. Up to half of the CPP fund is being actively managed. c. It has been an unfunded pension plan. d. In a few years, the CPP fund will be fully funded like other pension plans.

6. Which of the following statements is not true about OAS? a. It is indexed quarterly. b. It is based on years lived in Canada. c. It is based on income earned while you were working d. It might be collected while living outside Canada.

7. Early retirement means the earliest one can retire and: a. Receive the same total pension income as would be received at age 65. b. Receive an unreduced pension based on the actual number of years of service. c. Collect the full CPP retirement benefit. d. Collect the early OAS benefit.

8. Which of the following statements is not true about CPP contributions for salaried employees? a. They are a tax credit. b. They are tax deductible. c. The effect of an increase in salary on CPP contributions is inconsequential for most people who are doing detailed retirement planning. d. The employer pays an amount equal to that of the employee.

9. Which of the following statements about RPP is not true? a. Most DCPP are in the private sector. b. There are many DBPP in the private sector. c. Employers who provide DBPP may have to make large contributions to ensure the plan is fully funded due to a drop in the stock market. d. The limit on benefits received is the same for DCPP and DBPP.

10. Which of the following statement(s) are correct? a. Defined benefit plans can generate surpluses. b. Defined contribution plans cannot generate surpluses. c. Deferred profit sharing plans are a type of defined contribution plan. d. All of the above are true.

11. Which of the following statements is not true? a. The maximum possible retirement benefit from a DBPP depends on the maximum allowable years of service. b. The maximum possible retirement benefit from a DCPP is the same as for a DBPP. c. There is no maximum benefit for DCPP. d. If a retiree dies, the spouse can receive some of the retiree’s pension benefits.

12. Henry’s company provides him with a defined contribution pension plan. The maximum amount of pension he can receive for each year of service is: a. 2% p.a. times his YMPE b. 2% p.a. times his pensionable earnings c. $1,722.22 d. There is no maximum

13. Which of the following is not true? a. Before age 65, an employee must have actually retired to receive a pension. b. After age 65, an employee can receive both a pension and earned income from the same company. c. A person who is collecting a pension can still make contributions to the plan to increase future benefits. d. A person age 73 who is still working cannot make contributions to a RPP.

14. For a defined benefit pension plan, all of the following are true except: a. Benefits might increase each year to reflect inflation. b. Benefits might be integrated with CPP retirement income. c. Benefits must end when the retiree dies. d. A common-law spouse can receive benefits after the retiree dies.

15. Normal retirement age means: a. An employee cannot retire with a full pension before age 60. b. The age at which an employee can received the full amount for each year of service. c. Age 65. d. There is no minimum number of years of service.

An investment pays $2,500 per year for the first 4 years, $5,000 per year for the next 3 years, and $7,500 per year the following 9 years (all payments are at the end of each year). If the discount rate is 11.85% compounding quarterly, what is the fair price of this investment?

Work with 4 decimal places and round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.

Group of answer choices

$31,750.35

$33,694.25

$26,566.62

$39,201.97

$32,398.32

What is one part of risk management which you would like to learn more about and why?

(Could you solve this by using a financial calculator and just telling me what I need to input) You would like to have the current equivalent in terms of today's buying power of $3,000 in years 4 5 and 6 How much would you have to invest in years 1, 2 and 3 (the same amount in each year in nominal terms) to fund this level of real consumption? You expect inflation to be 3% per year over that time period. Your investments earn 7% per year in nominal terms

Answer Choices:

$2,449 $2,779 $2,893 $2,836

ANY BANKS ARE FINE!! PLEASE ANSWER ALL OF THESE QUESTIONS↓

It is time to do some bargain shopping as you decide to open your own checking account. Then visit or call three local banks in your area and obtain the necessary information from each to complete the checklist. In a few paragraphs, compare the pros and cons of opening an account with each bank and explain which you would choose and why.

1) Do I have to keep a minimum balance, or amount of money, in the account to avoid fees?

2) Is there a monthly fee? How much is it?

3) Will it be charged check writing fees?

4) How many checks can I write per month?

5) Will the bank return my canceled checks each month or keep them on file?

6) Will I be charged ATM fees?

7) What other fees are associated with this account.

Explain how the risk management framework relates to processes:

• Lead and establish accountability
• Align and integrate
• Allocate resources
• Communicate and report

XYZ Corporation is experiencing massive grown in the fashion industry. As the corporation grows and expands into new markets, it is exposed to increasing business risks. The company’s hiring manager is looking for candidates to fill a risk manager position to protect the corporate property and minimize loss. In your response, answer/respond to the following:

What characteristics and background would you look for in a risk manager candidate?

What would be deterring?

Explain in detail the job description and what is expected of this individual from XYZ.

Only Part a and b (Plan 1 & Plan 2) Using Excel only

J&J Cattle has purchased a quarter section of land for $160,000. They make a down payment of $20,000, and the remainder of the purchase price ($140,000) is financed at 11 percent compounded quarterly with quarterly payments over 2 years. Develop an Excel® table to illustrate the payment amounts and schedule for the loan, assuming payback follows

Plan 1: Pay the accumulated interest at the end of each interest period and repay the principal at the end of the loan period.

Plan 2: Make equal principal payments, plus interest on the unpaid balance at the end of the period.

Plan 3: Make equal end-of-period payments.

Plan 4: Make a single payment of principal and interest at the end of the loan period. A different plan: Pay off the principal per the table below. In addition, pay the accumulated interest at the end of each interest period.

Compute the present values of the following annuities first assuming that payments are made on the last day of the period and then assuming payments are made on the first day of the period: (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) 1) 7-year, annual payment of $678.09, and YTM = 13%; 2) 13-year, annual payment of $7968.26, and YTM = 6%; 3) 23-year, annual payment of $20,322.93, and YTM = 4%; 4) 4-year, annual payment of $69,712.54, and YTM = 31%.

a. Expected Return: Discrete Distribution

A stock's return has the following distribution:

Calculate the standard deviation. Round your answer to nearest two decimal places.

b. The market and Stock J have the following probability distributions:

Calculate the standard deviation for the market and Stock J. Round your answer to nearest two decimal places.

You were recently hired as Management Director of the new I can Business Incorporated (ICBI). You have been asked to establish policeis and systems for the business. The first one you choose to work on is a financial reporting system. For this assignment, you must develop a 4-5 page memo that you will deliver to the ICBI Board of Directors. You will describe what a financial reporting system is and explain how the management team at ICBI should use an activity-based budget instead of an operating budget. Be sure to explain the similarities and the differences of the two. Finally, give examplesof the budget guidelines for ICBI. You must answer the following:

Describe the meaning and the compounds of a financial reporting system.  

Compound interest with nonannual periods​)

a. Calculate the future sum of ​$5000​, given that it will be held in the bank for 5 years at an APR of 6 percent.

b. Recalculate part a using compounding periods that are​ (1) semiannual and​ (2) bimonthly​ (every two​ months).

c. Recalculate parts a and b for an APR of 12 percent.

d. Recalculate part a using a time horizon of 12 years​ (the APR is still 6 ​percent).

e. With respect to the effect of changes in the stated interest rate and holding periods on future sums in parts c and d​, what conclusions do you draw when you compare these figures with the answers found in parts a and b​?

a. What is the future sum of ​$5000 in a bank account for 5 years at an APR of 6 ​percent?

( ) (round to the nearest cent)