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Using Excel, complete the following problems from chapters 9, 10, and 11 in the textbook: You must..
More:Using Excel, complete the following problems from chapters 9, 10, and 11 in the textbook: You must use Excel. The assignment has been uploaded in word format, these are the correct questions I have also provided a link to the book. http://gcumedia.com/digital-resources/wiley/2013/introduction-to-finance-markets-investments-and-financial-management_ebook_15e.php This is a business finance course. Additional Requirements Min Pages: 14 Level of Detail: Show all work Other Requirements: Must be in excell, please format 1 question to each page. Document Preview: p-4) 4. You are planning to invest $2,500 today for three years at a nominal interest rate of 9 percent with annual compounding. a. What would be the future value (FV) of your investment? b. Now assume that inflation is expected to be 3 percent per year over the same three-year period. What would be the investments FV in terms of purchasing power? c. What would be the investment’s FV in terms of purchasing power if infl ation occurs at a 9 percent annual rate?9-6) 9-9) 9. Assume you are planning to invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value (FV) of this annuity if your first $5,000 is invested at the end of the first year. 9-14) 14. You are considering borrowing $150,000 to purchase a new home. a. Calculate the monthly payment needed to amortize an 8 percent fi xed-rate 30-year mortgage loan. b. Calculate the monthly amortization payment if the loan in (a) was for 15 years. 9-15) 15. Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan’s eight-year life. a. At what amount could this loan be sold for to another bank if loans of similar quality carried an 8.5 percent interest rate? That is, what would be the present value (PV) of this loan? b. Now, if interest rates on other similar quality loans are 10 percent, what would be the PV of this loan? c. What would be the PV of the loan if the interest rate is 8 percent on similar quality loans? 10-2) 2. What are the major sources of long-term funds available to business corporations? Indicate their relative importance. 10-6) 6. The Garcia Company’s bonds have a face value of $1,000, will mature in ten years, and carry a coupon rate of 16 percent. Assume interest payments are made semi-annually. a. Determine the present value of the bond’s cash fl ows if the required rate of return is 16 percent. b. How would your answer change if the required rate of return is 12...

 







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