What is the total present value of your projected sales

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1. You just turned 22 today. You've just been told by Santa Claus that since you did so well in your Finance class, on your 30th birthday, you will inherit a bond with a face value of $150,000. The bond pays you annual coupon payments of $1000 until then. Assuming a 9% yield to maturity, how much is your inheritance worth today?

2. Your company wants to finance a new maintenance vehicle . The vehicle costs $25,000. You are offered an annual interest rate of 6% for a term of 5 years. What is your monthly payment?

3. Your company expects to make $10,000 as of today in sales, $12,500 at the end of one year, $15,700 at the end of the year after that and $20,900 the end of the year after that. Assuming a discount rate of 12%, what is the total present value of your projected sales?

Reference no: EM131536252

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