Homework Answers
E)Interest Value = 10,000 x 10% x 120/365
=329
G) 10,000 + 329 = 10,329
C)Duration = 2515 x 365/25,000 x 12%
=306 Days
H)Maturity Value =25,000 + 2,515
=27,515
A)Principal Value = 2,959 x 365/180 x 6%
=100,000
I)Maturity Value = 100,000 + 2,959
=102,959
B)Interest Rate =493 x 60/50,000 x 60
=1%
J) Maturity Value = 50,000 + 493 = 50,493
F) Interest Value =36,710 - 36,000 = 710
D)Duration = 710 x 365/36,000 x 9%
=80 Days
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