What is the yield to maturity of a eight-year, $5,000 bond with
a 4.5% coupon rate and semiannual coupons if this bond is
currently trading for a price of $4,615?
A.5.71%
B.8%
C.6.85%
D.2.86%
A $47,000 loan is taken out on a boat with the terms 3% APR for
36 months. How much are the monthly payments on this loan?
A.$1,640.18
B.$1,366.82
C.$1,776.86
D. $1,503.50
A pottery factory purchases a continuous belt conveyor kiln for
$46,000. A 9% APR loan...