An investment offers $4,350 per year for 15 years, with the first payment occurring one year from now. a. if the required return is 6 percent, what is the value of the investment? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what would the value be if the payments occurred for 40 years? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. what would the value be if the payments occurred for 75 years? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) d. what would the value be if the payments occurred forever? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)