1. What are the formulate for YTM, Duration, and Volatility of a bond.
2. 2 years ago you borrowed $25,000 to buy a rowing shell to race in the Head of the Charles.The loan was a 5 year loan with monthly payments with a 3.6% APR.You have decided to repay the loan today (2 years after you borrowed the money). How much do you owe the bank?
3. JAM Co just paid a dividend of $5.00, and expects an annual dividend growth rate of 5% indefinitely. What is the expected dividend a year from now?