1. Why is the share price as a percentage of the 52-week high an important indicator?
2. Purchased a one year treasury bill that offers an effective annual yield of 12 percent. You are confident that there will be 6 percent rate inflation. The tax rate is 33.33 percent, i.e, the tax rate is exactly one-third. What after tax real return are you expecting?
3. Calculate the present value of a ?$1200 discount bond with 7 years to maturity if the yield to maturity is 3?%. The present value is $______