16-point question 2. Evaluate which of the following options would be your best investment based solely on the yield to maturity criterion. Option #1:  Purchase a $50,000 discount bond selling for $37,777 and maturing in 6 years. Option #2:  Purchase a $75,000 coupon bond with a 6.65% coupon rate selling for $72,800 and also                    maturing in 6 years. Option #3:  Lend a friend $30,000 with promised repayments of $6,050.00 in 2 years, $14,641.00 in 4 years,                    and $26,573.42 in 6 years. Note: The payments represent 1/6, 1/3, & 1/2 of the original loan amount.

In children with chronic illness, all of the following have been found to be correlated with the child’s level of adjustment, except:

Which of the following would it be most important to attend to in differentiating Alzheimer’s disease from Vascular Dementia?

16-point question 1. Eight years ago you bought a $750,000, 25-year, deep discount bond with a market interest rate of 7.84%. Since     then market rates have fallen to 6.65% and you find that you must sell the bond. a. Calculate the initial and current price of the bond.            b. Calculate the annual holding period yield on this instrument and compare it to the yield to maturity you were     expecting when you purchased the instrument. c. Explain whether your return would have been relatively greater or less than you received in part b if you held a    15-year instrument initially. Support your conclusion with the appropriate work. d. Explain whether your return would have been relatively greater or less than you received in part b if you held a     5-year instrument initially.

Bill G. experiments with barbiturates.  He starts with small doses.  Over time, he has to take larger and larger doses in order to experience the desired effect.  Bill is experiencing

A nurse is discussing occurrences that require completion of an incident report with a newly licensed nurse.  Which of the following should the nurse include in the teaching? Select all that apply.

A researcher administers a pretest to two randomly assigned treatment groups, gives one group an intervention, and then administers a posttest to both groups.  Which of the following can threaten internal validity in this study?

Interest rates typically follow a __________ pattern relative to economic activity and the default premium typically follows a ___________ pattern relative to economic activity.

16-point question 3. Do each of the following. i. Indicate in the space provided if a person should be more or less willing to buy a house under the following circumstances:                a. You just inherited $100,000. ________                b. Real estate commissions rise from 6% to 7% of the sales price. ________                c. you expect Microsoft stock to double in value over the next year. ________                d. prices in the stock market become less volatile. ________                e. you expect housing prices to rise. ________ ii. If mortgage rates rise from 5% to 10 % but the expected rate of increase in housing prices rises from 2% to 9%,      explain if people are going to be more willing or less willing to buy houses. iii.  Calculate the following: a bond with a coupon rate of 4.8% will mature in 5 years. The $10,000 par value        instrument is currently selling for $9,875.   Calculate the current yield on this bond. Calculate the average annual capital gain or loss the owner will incur if the bond is held to maturity. Calculate the approximate yield to maturity on this bond.

Part III Begins Here: Answer 3 of the following 5 numbered questions @ 16 points each. Select yes if you understand the instructions, and continue the exam.