Abank has three assets. it has $75 million invested in consumer loans with a three-year duration, $39 million invested in t-bonds with a 16-year duration, and $18 million in six-month maturity t-bills. what is the duration of the bank's asset portfolio in years?

a. 6.50 years
b. 7.38 years
c. 11.51 years
d. 3.95 years
e. 4.83 years

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

Why should managers invest any excess cash

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.