1. Your coin collection contains 60 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2070, assuming they appreciate at an annual rate of 5.1 percent?
2. A three-year bank CD paying 7.85 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.)
Effective annual rate
3. Atlantis Fisheries has issued a zero coupon bond at a price of $410 per bond. Each bond has a face value of $1,000 at maturity in 20 years. If these zero coupon bonds are callable in 15 years at a call price of $625, what is their yield to call?