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You plan to buy a car in 5 years for $26000. Assume the interest rate...

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Finance

You plan to buy a car in 5 years for $26000. Assume the interest rate every year is 4%, how much should you save today for this purchasing plan?

A perpetuity of $4000 per year beginning paying 4 years from today offers an 10% return. What is its present value?

A bond has a coupon rate of 3%, pays interest every year, sells for $1080, and matures in 3 years. What is its yield to maturity (APR)?

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