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You owe your parents $19,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 3 years from today and the other in 6 years from today

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1. You owe your parents $19,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 3 years from today and the other in 6 years from today. If the interest rate is 7.9% per annum compounding monthly, what will be the amount of each repayment? Select one: a. $13446 b. $24063 c. $30475 d. $23869

2. 3. The following is a list of prices for zero-coupon bonds with different maturities and par value of $1,000. Suppose the interest rate is compounded once per year. Maturity (Years) Price 1 985 2 950 3. 910 4 870 (1) What is, according to the expectations theory, the one-year interest rate in one year? (7 marks) (2) What is, according to the expectations theory, the one-year interest rate in two years? (7 marks) (3) What is, according to the expectations theory, the one-year interest rate in three years? (6 marks)