A five-year floater resets every six months to six-month LIBOR plus 100 basis points. The floater currently sells for $102.11 per $100 of face value. Six-month LIBOR is 6%. The amount of the assumed coupon that you use to calculate the discount margin for the floater is: Group of answer choices: $3 per $100 of face value $6 per $100 of face value $3.5 per $100 of face value $7 per $100 of face value

Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. $300 per year for 14 years at 8%. $ $150 per year for 7 years at 4%. $ $1,000 per year for 7 years at 0%. $ Rework previous parts assuming they are annuities due. Present value of $300 per year for 14 years at 8%: $ Present value of $150 per year for 7 years at 4%: $

Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $800 per year for 16 years at 12%. $ b. $400 per year for $ c. $500 per year for $ years at 6%. years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 16 years at 12%: $ Present value of $400 per year for 8 years at 6%: $ Present value of $500 per year for 8 years at 0%: $

4. If you receive $116 each month for 28 years and the discount rate is 0.08, what is the present value? (show the process and can use financial calculator)