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The Windsor Honda offers payments of $493.19 per month for 48 months on a 2013 Civic at the complete price of $21,000 with zero down. What is the

The Windsor Honda offers payments of $493.19 per month for 48 months on a 2013 Civic at the complete price of $21,000 with zero down. What is the annual percentage rate (APR) of this loan?____A)12%B)11%C)9%D)6%10.A 3-year, 6% coupon, semi-annual-pay note has a yield-to-maturity (YTM) of 5.5%. If an investor holds this note to maturity and earns a 4.5% return on reinvested coupon income, his realized yield on this note is closer to____ A)6.00%B)5.68%C)5.57%D)5.46%(Consider the following information for Questions 14 and 15)An MNC wishes to sell €2 million that it has received from a French customer to obtain the US dollar. The following alternatives are available.BankCurrency PairBidAskCommissionAEURUSD1.45121.4519USD 250BEURUSD1.45111.4520USD 100CUSDEUR0.68900.6891USD 15014.Among the above, which bank provides the highest amount of USD? ____ A)Bank AB)Bank BC)Bank CD)They are equally attractive15.Assume that Bank B transacts with two customers. The first customer purchases €5 million and the second customer sells €5 million. How much profit is made by Bank B?____ A)$3,000B)$3,500C)$4,100D)$4,70026) The market price is $282,500 for a 6% non-callable corporate bond with a par value of $275,000 and 14 years to mature. It pays coupon interest semi-annually. The required rate of return on similar bonds is presently 4%. How much accrued interest would have to be paid if you purchase the bond on Oct 12, 2013 if the bond matures on May 31, 2027?____ A)$6,058B)$5,345C)$4,830D)$3,02828.You purchase a Treasury real return bond with an original principal amount of $1,000,000 and a 2.8% annual coupon (paid semi-annually). What will be the first coupon payment be if the semi-annual inflation over the first six months is 1.2%?____ A)$12,336B)$14,000C)$28,336D)$14,168Assume that a $500 million pool of mortgages backs a new MBS issue. The projected prepayment speed is 160% PSA.31.What is the single monthly mortality (SMM) rate for the first month?____ A)0.01668%B)0.02243%C)0.02336%D)0.02670%32.If the estimated prepayment for the first month will be $133,460, what is the scheduled principal repayment for this period?____ A)$200,000B)$150,000C)$100,000D)Undetermined43.$30,000 is borrowed for a car loan. If this loan is to be repaid over two and half years with monthly payments at 12% per annum, how much total interest will be paid?____ A)$3,600B)$4.050C)$4,873D)$5,196

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