1. You plan to deposit $900 in a bank account now and $700 at the end of one year. If the account earns 8% interest per year, what will be the balance in the account right after you make the second deposit?
2. If the bond has a convexity of 120 and modified duration of 10, what is the estimated price change associated with a 200 basis point interest rate decline?
3. Explain how you would use the life cycle model of virtual teams to help you lead a virtual team to successfully accomplish its goals.