SOA 2 blank set

SOA 2 blank set - 1" ‘L.L I The parents efthree...

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Unformatted text preview: 1" ‘L.L I The parents efthree ehilelren, ages l, 3, and 6, wish to set up a trust fund that will pa}' .1" le eaeh ehild upon attainment at" age IE, and Flu eaeh ehild upon attainment of age 2]. ' They will establish the trust l‘und' with a single-investment of Z. which of the fellewing ie Lhe EDITEC'l. equation efvalue fiar Z '? (a) 3[Jfi='“+}e1’] {c1 3th + YD?" +1."a Hm (e1 tX+r)———Vm+:;3+"” (E) Eh” +1.1” +v‘1]+j’[v2” + Wu] K”? G; :- Cnume FM Namemfler Jflflf 28 24. David can receive one e1” flle fufloufing two payment streams: {i} we at time a, 20s at time s, and see st_t_irne 21-: (ii) fill] at time H} At an annual efl‘eeljve interns-st rate el~ f, the preemt “rallies offl'je two streams are equal. Given v” = 0.15941, determine i . (A) 3.5% (B) (C) (D) {E} 4_D% 4.5% 5.0% 5.5% Course 2. Hal-rem bar 2am 511. ( l'fl‘ - May Elfin-£33 Jeff deposits 11] into a Fund 15.1.13} and 2E! fifteen years later; Inlml: is creditednt a nominal discount rate efd enmpflunded q‘flfll‘tflrl)? fer the first In greenj and at a nominal interest rate ef 6% enmpeunded eerniannually mereefier. The nemrnulnled balm-Lee in file filnd at line end of 3!] years is lflfl. Calculate d. (A) 4.33% {E} 4.43% (a) 4.53% (D) 4.63% (E) 4.13% Cour-re 2 32. _ An investor pays Etflflflflfl'leday fer a 4—year invesirnent that returns cash-flexes of $610, DUB at the end of each at years 3 end 4, The sash flows can be reinvested at 4.D% per ennum effective. If the rate of interest at which the inurestrnent is to be valued is 5.U°fp, what is the net present value of this investment today? {A} -1s_ss is} see is: - ass in) 1393 {E} 2,529 1 1:03.104 Irrr 31. mat the year, the time—wcighmd rctum is 13%, and flu: duflar—weiyted return is: Y. Calculate Y . (A) —13'}+. [E] —-] {1% {C} [1% {D} 10% (E) 25% Yam am given the following inflammation about an inveatmam account: Value humedialely r“. 27. An inveeter deposits 51'! in en inveeutLent moment an January 1 . The fellewing eu mmarizes Lhe activity 111 the account timing the year: ' Value Immediately Date Before DEE i I: Dgguafi March IS 40 ' 2|} June 1 ' 30 - Eli] October I [1'3 3'5 On June 30, the value eI'Lhe aeeeunt is 15151] . On December 31, Lhe value of the want:th is. I. Using Lhe timewweighted muthfld, the equivalent mutual effeetive yield during [he first 15 munlhe is equal tn the {time-weighted] annual elIeelive yield during Ute entire 1-year period. Celeulate X. 234.?3 [E] 3.3 5.50 {C} 236.25 (D) 231130 {E} 23133 .-"~’t.11=ember_'.‘rlr?f} Came-"e 3 2|}. Yuu ere fiven the fellewing infennelien about the activity 1n two dilferenl'iueeenuent eeeu u'nts: Fund 1Jelue befm‘e aetivi . Jenan 11 1999_._____ Jul 1, 1999 Fund value before aetivi Jenuaw 11 1999 11.11111 .1111 1, 1999 : 125.11 December 311 1999 .1 1115.3 During 1999, the duller weighted return For invesnneuteeeeum K equals IJ1e time weighted return for investment eeceunt L, which equals 1' . Calculate 1' . (A) 119% (13} 12% (C) 15% {D} 13% {E} 213% Course 2. .fi-‘nvember 21919! 7 21' ‘ 11". An aaaeeiatien had a fund balance ef T5 en Jamar-3r 1 and 60 on December 31. At the end ef every'rnenth during the year, the aaseeiatien depeaiterl ll] Erern membership fees. There were withdrawals ef 5 en Febmary 23, 25 on June 31'}, 31'} en Ueteher 15, and 35 en Deteher 31. Calculate the dellar-weighled rate ef return fer the year. (A) 9.0% {a} 9.5% (C) mm (D) rem (E) 11.0% Caurre 2 2H Fem [33A ...
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This note was uploaded on 03/02/2012 for the course MATH 172 taught by Professor Kong during the Winter '09 term at UCLA.

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SOA 2 blank set - 1" ‘L.L I The parents efthree...

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