ADM 2350 Study Guide - Quiz Guide: Call Option, Capital Loss, Nominal Interest Rate

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Instructions: this quiz is 60 minutes in length, this is a close-book, cheat sheets are allowed, a calculator is allowed, please write or print neatly. The school of management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. I have read the text on academic integrity and i pledge not to have committed or attempted to commit academic fraud in this examination. Note: an examination copy or booklet without that signed statement will not be graded and will receive a final exam grade of zero. Suppose advanced systems sold an issue of bonds with a 14-year maturity, a ,000 par value, a. Three years after the bonds were issued, the going rate of interest on bonds such as these fell to 7%. [n] = 22 [i/y] = 3. 5% [fv] = - 1,000 [pmt] = - 50 [cpt] = [pv] = ,227. 51.

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