1. Payments of? $4000 each due in? four, nine, and eleven months from now are to be settled by two equal payments due today and twelve months from now. What is the amount of the equal payments if interest is? 7.35% and the agreed focal date is?today?
2. How would you rate the country risk of the U.S.? What do the rating agencies think about the debt rating of the U.S.? What do you think about their views?
3. Calculate the inflation rate to 3 significant figures using the CPI tables for the years 1968, 1974, 1981, and 1993.