Prof. Banerjee
Kellogg Finance
PRACTICE MIDTERM EXAM
Problem 1: You have just turned 30, and have decided to start saving for retirement. You
expect to save till age 60, and will be making annual contributions starting in the next year
(i.e. at age 31, 32

Prof. Banerjee
Kellogg Finance
PRACTICE MIDTERM EXAM
Problem 1: You have just turned 30, and have decided to start saving for retirement. You
expect to save till age 60, and will be making annual contributions starting in the next year
(i.e. at age 31, 32

Prof. Banerjee
Kellogg Finance
PRACTICE FINAL EXAM
Problem 1: The yield to maturity of a 10% coupon bond that matures in 1 year is 12.5%, and
the yield to maturity of a 10% coupon bond maturing in 2 years is 8%. Suppose the coupons are
paid annually and t

Prof. Banerjee
Kellogg Finance
PRACTICE FINAL EXAM with Solutions
Problem 1: The yield to maturity of a 10% coupon bond that matures in 1 year is 12.5%, and
the yield to maturity of a 10% coupon bond maturing in 2 years is 8%. Suppose the coupons are
paid

Problem 1. Choose the correct option and explain why. You will not receive credit for the correct answer
without the correct explanation.
(a) (6 points) Amazon announces an online store to sell applications for phones based on Google's Android
operating s