Uncovered interest rate parity .
The unbiased forward rates condition .
Purchasing power parity .
Interest rate parity .
The international Fisher effect .
The Dry Dock is considering a project with an initial cost of $ 118400 . The project ’ s cash inflows for years 1 through 3 are $ 37200 , $ 54600 and $ 46900 , respectively . What is the IRR of this project ?
8.42 percent
7.48 percent
8.56 percent
8.04 percent
8.22 percent
The 7 percent bonds issued by Modern Kitchens pay interest semiannually mature in eight years and have a $ 1000 face value . Currently , the bonds sell for $ 1,032 . What is the yield to maturity ?
7.20 percent
6.87 percent
6.48 percent