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1A points, 1 points each a for each of the following. Put your answer in the col

ID: 2601344 • Letter: 1

Question

1A points, 1 points each a for each of the following. Put your answer in the column to the right. stock A has high rist. Stock 8 has lowe nisk. All else equal, which one has the higher required retum? Both A and 8 took out 30-year mortgages. A had a payment of $2000. B had a payment of $2200. A Both A and B took out 30-year mortgages. A paid his off in 28 years. B paid hers off in 25 years. All else 18. else equal, who borrowed more money? 19. equal, who paid more interest? Investment A has a quarterly interest rate of 3%. Investment B has a monthly interest rate ol 1% which investment has the higher EAR? Investment A and B both pay interest of 5% per year. Investment A interest compounds quarter. Investment B interest compounds semi-annually. You plan to invest for 5 years, which is the better investment? Investment A has a future value of $600. Investment B has a future value of $500. Both have the same present value. All else equal, which one has the higher interest rate? Bond A is a BBB bond, Bond B is a AAA bond. All else equal, which one will have a higher yield to maturity? Bond A is a par bond and Bond B is a discount bond. All else equal, which bond has the higher coupon 21. 2 23. 24. rate? 25. maturity? 2 27. Bond A is a municipal bond and Bond B is a corporate bond? Which bond should have the higher yield to Bond A makes semi-annual interest payments of $30. Bond B makes an annual payment bonds have a yield of 5%, which bond has a higher price? of $50. Both Bond A is not callable, Bond B is callable. All else equal, which one is more risky? is a corporate bond. If you pay a very low tax rate, which bon All else equal, which one will have th both sto Bond A is a municipal bond and Bond B most likely to be the better choice? 28 is an annuity. 2 Investment A is an annuity due 29. and Investment B is an annuity. Stock A has a holding period return of 10%. Stock B has a holding period return of have a fair return of 9%, which stock should you short? higher present value? Part 3, Risk Classification, 3 points, 1 points each Classify each of the following as systematic (S) or unsystematic (U) and determine whether the info change in prices by indicating one of the following: increase (), decrease (D). if you wouild like to you may do so in the space below the table 31. Waste te Management announces a 9.4% increase in its dividend. it is likely to pass the tax bll which will lower the top Walt Disney Co.'s The Last Jedi' opens with $220 million in ticket sales whi best weekend of all-time. 32. Congress announces that tax rate from 35% to 21%. 3.

Explanation / Answer

Answwer to first 4 subparts as per policy is as below

17. Answer Stock A. The stock with higher is expected to have a higher return. Higher the risk, higher is the expectation for return.

18. Answer is B. Since the Equated monthly installment is more in case of B, hence B woul have borrowed a higher amount, considering same rate of interest.

19. Answer is A Higher the tenure of loan, higher will be the total interest payout. Since A will repay the debt in 28 years, he will pay more interest.

20. Answer is Investment B. Effective Annual interest rate will aleays be higher in case of compounding at shorter interval. Since Interest is compounded monthly in case of B, the quarterly rate of Interest will be more than 3 % in case of B and similarly EAR will be highr.

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