GMidTermW09_morning_soln

# GMidTermW09_morning_soln -...

This preview shows pages 1–3. Sign up to view the full content.

ActSc 371  Midterm Test  (Morning session Type A) Aids: non-programmable Calculator  This examination contains:  4 MC questions (2 pts for each) = total 8 pts 3 WA questions (pts specified  at each question) = total  25 point TOTAL: 33 pts Last page is the formula sheet. Instruction: Multiple choice (MC) type: Circle your answer. Note that -0.5 pts will be given for the wrong  answer. Written answer (WA) type: Answer all questions in the space provided. Show all work.  ID#: _____________________ Last Name: ____________________                  First Name: ____________________  Marks:  MC: _____________________ WA: _____________________ Total: _____________________

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Consider a Canadian bond which has a coupon rate of 7% with 8 years to maturity. The YTM is 8% on  bonds of this risk.  Compute the bond price \$X and circle of the following ranges. A) X<900    B)  900<X<930    C)  930<X<960    D)  960<X<990    E)  X>990
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 05/23/2010 for the course ACTSC 371 taught by Professor Wood during the Winter '08 term at Waterloo.

### Page1 / 6

GMidTermW09_morning_soln -...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online