5. Imagine that the following Treasury bonds are available: Maturity Coupon Rate Price 1 0% $ 94.340 3 9.5% $105.403 3 0% $ 80.496 Maturity is in years, coupons are paid annually, and prices are quoted per $100 face value. (a) Construct the three-year spot yield curve. State the results as effective annual rates. (b) Use the curve in part (a) to compute the implied one-year forward rates in the yield curve, 1f1 and 2f1. (c) You plan to invest $1 million in a 3-year 7% coupon bond (annual coupon payments), and plan to sell it at the end of two years. At the time that you sell it, it will only have one coupon payment left. Using your calculations in parts (a) and (b), calculate the arbitrage-free holding period return (i. e., the total dollar return you will earn if future market rates equal the implied forward rates in the yield curve).

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5