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- 1.You have a client that plans to put $100,000 into a brokered 5‐year CD with you. You see two 5‐year CD options on your screen that she could invest in. Which of the options provides more total return, and by how much? East Coast Bank: 6% simple West Coast Bank: 6% monthly A. West Coast; $1,062 B. East Coast; $1,062 C. East Coast; $4,885 D. West Coast; $4,885Discount InterestSolve the following. Show solutions. Round off answers up to 2 (two) decimal places.Find the discount interest rate if Php15,000 is the present value of Php20,000 which is due at the end of 7 months.ASAPONLY ROUND OFF ON FINAL ANSWER. DO NOT ROUND OFF ON SOLVINGCan you please help me with this? A commercial bill with a face value of $50 000 has a current price of $49,291. This bill is trading at a yield of 7.5% which necessarily implies a time to maturity of how many days? (Just give the number) What would be the most certain formula to be used to solve this problem and why is it that formula? Also, are commercial bills subject to 360-day interest payment? How can the formula be used to solve the problem?
- A motor cycle tag price is 75,000 cash for 60 days. A buyer wants to pay outright cash on the assumption that money is worth 12% simple interest. Find the cash price today.You buy 6 call options with a contract size of AUD 30,000. They have a USD/AUD strike price of 0.57 and a premium of 7.86 (USD/AUD). You hold these options for 1 month and then sell them for 6.8 (USD/AUD). The brokerage fee on each contract is payable on both entry and exit and is USD 12.21. What is the net profit on this transaction in USD? Oa-190,946.52 Ob. 31,824.42 ⒸC 190,800.00 Od. -190,873.26 Oe. -55,800.00A 2.50% was issued at par, which you now purchase at 2.35%. How much would you expect to pay?
- A company has offered you two different payment plans for purchasing a product, • Option A. 15% down payment (of the total price) and 10 annual payments of $1,200.• Option B. No down payment and 12 annual payments of $ 1,500.Treat the down payment as occurring at Year 0. Assume an interest rate of 8% per year. a. What is the down payment of Option A?b. What is the price paid for the product under Option A?c. What is the price paid for the product under Option B?d. Which payment option should be selected, A or B?e. Briefly explain why someone might choose the option that has the larger sale price.Cc. 177.You buy 6 call options with a contract size of AUD 30,000. They have a USD/AUD strike price of 0.57 and a premium of 7.86 (USD/AUD). You hold these options for 1 month and then sell them for 6.8 (USD/AUD). The brokerage fee on each contract is payable on both entry and exit and is USD 12.21. What is the net profit on this transaction in USD? O a. -190,946.52 Ob. -31,824.42 Oc. -190,800.00 O d. -190,873.26 Oe. -55,800.00 You buy 6 call options with a contract size of AUD 30,000. They have a USD/AUD strike price of 0.57 and a premium of 7.86 (USD/AUD). You hold these options for 1 month and then sell them for 6.8 (USD/AUD). The brokerage fee on each contract is payable on both entry and exit and is USD 12.21. What is the net profit on this transaction in USD? O a -190,946.52 Ob 31,824.42 O-190,800.00 Od 190,873.26 -55.800.00
- In 2014 to purchase an iphone 5s with 16GB memory without locking inany phone plan you have two options: 1) Buy at Walmart with a discounted price of$549. 2) Buy at T-Mobile with a 2-year 0% APR finance with a monthly payment of$26. In this case, the ticketed price would show $624=$26×24. By now, you shouldknow that 0% APR is a sham.Suppose that Jack didn’t have money to pay for a phone then. He had a credit cardwith a 18% APR. Should Jack use his credit card to buy the phone from Walmart orfrom T-mobile using its 0% APR financing? Support your answer with calculations.A holder of a 90-day bill with 40 days left to maturity and a face value of $ 100, 000 chooses to sell it into the market. If bills maturing in 40 days are currently yielding 1.75% per annum, what price will be obtained? (Assume there are 365 days in a year, and answers must be rounded to two decimal places) $ Please only use a plain number as your answer and don't insert a comma. For example, if you get 1000, please use 1000, and don't use 1,000.You purchase a T-bill (traded on Oct 2, 2020) at a price of 99.8% of face. The T-bill will mature on Dec 1, 2020. What is the bank discount yield of the T-bill? Write your answer to the nearest 0.01%, but without writing the %. For example, if your answer is 5.02%, put an answer of 5.02 into the box, not 0.0502.