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Chip wants to buy a car when he gets his driver license 6 years from...

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Finance

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Chip wants to buy a car when he gets his driver license 6 years from today. He has a current bank balance of $4,000 and plans to deposit $2,000 at the end of each of the next 6 years. If he earns 4.8% interest annually, what price of car will he be able to afford? Answer Format: Positive number rounded to 2 decimal places. Question 34 3 pts A $1,000 face value bond has a coupon rate of 5% and 10 years to maturity. If the yield to maturity is 5.9%, what is the price of the bond in percentage of par? Answer Format: Positive percentage rounded to 2 decimal places. Question 35 3 pts Suppose your portfolio consists of the 3 stocks listed in the table. What is the portfolio beta? Stock Amount Beta A $2,000 0.72 B $5,000 1.06 $3,000 1.81 Answer Format: Positive number rounded to 2 decimal places

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