有D似數似會計ge問題....求幫忙(20點!!)

求大家睇睇識5識做, 一條都得, 請幫忙


第一條:

Peter has $100,000 to invest
He has two decision on two investments.
Option A returns 60% annually for 4 years, but the maximum investment he can make is $10,000.
Option B returns 12% annually for 4 years and there is no limitation on the capital investment.
Which option produces the best result for Peter?
What is the benefit over the lesser option? Assume that the $90,000 not invested in
Option A would be placed in a safe deposit box earning no interest.



第二條:

Four years ago, you invested in a zero coupon bond with a face value of $1,000 that had a YTM of 8% and 9 years left until maturity. Today, that bond has a YTM of 5%. Due to a financial emergency, you are forced to sell the bond. What is your capital gain/loss? (Please note that the compounding interval for zero coupon bonds is 6 months)



第三條:

Five years ago, ABC, Inc. issued a corporate bond with an annual coupon of $8,000, paid at the rate of $4,000 every six months, and a maturity of 10 years. The par value of the bond is $1,000,000. Recently, however, the company has run into some financial difficulty and has restructured its obligations. Today’s coupon payment has already been paid, but the remaining coupon payments will be postponed until maturity. The postponed payments will accrue interest at an annual rate of 6% per year and will be paid as a lump sum amount at maturity along with the face value. The discount rate on the renegotiated bonds, now considered much riskier, has gone from 7% prior to the renegotiations to 15% per annum with the announcement of the restructuring. What is the price at which the new renegotiated bond should be selling today?