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Bus 401 Week 2 Quiz Version B

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In this paperwork of BUS 401 Week 2 Quiz Version b you will find the answers on the next questions:

1. Beta is a statistical measure of (Points : 1)

2. At what rate must $500 be compounded annually for it to grow to $1,079.46 in 10 years? (Points : 1)

3. How much money must you pay into an account at the end of each of 20 years in order to have $100,000 at the end of the 20th year? Assume that the account pays 6% per year, and round to the nearest $1. (Points :1)

4. Halverson, Inc. just issued $1,000 par 20-year bonds. The bonds sold for $936 and pay interest semi-annually. Investors require a rate of 7.00% on the bonds. What is the amount of the semi-annual interest payment on the bonds? (Points : 1)

5. What is the present value of $15,500 to be received 12 years from today? Assume a discount rate of 7.5% compounded annually and round to the nearest $1. (Points : 1)

6. Finance theory suggests that the current market value of a bond is based upon which of the following? (Points : 1)

7. A typical measure for the risk-free rate of return is the (Points : 1)

8. A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount each year into an investment account that earns 7.5% interest per year, starting on the day your child is born. How much would you need to invest each year (rounded to the nearest dollar) to accumulate a million for your child by the time he is 35 years old? (Your last deposit will be made on his 34th birthday.) (Points : 1)

9. You decide you want your child to be a millionaire. You have a son today and you deposit $15,000 in an investment account that earns 9% per year. The money in the account will be distributed to your son whenever the total reaches $1,000,000. How old will your son be when he gets the money (rounded to the nea…...

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