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1. How much money would you have to deposit today in order to have $2,000 in four years if the discount rate is 8 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Amount of deposit $

2. Suppose you purchase a zero coupon bond with a face value of $1000, maturing in 22 years, for $215.15. Zero coupon bonds pay the investor the face value on the maturity date. What is the implicit in the first year of the bonds is?

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Financial Management, Finance

Category:- Financial Management
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