You take out a mortgage for £100,000 with a bank. The loan will be paid off over a period of 20 years at a fixed nominal rate of 6.85%. What monthly repayments of both capital and interest would you make to the bank?

You have calculated the monthly standard deviation of the log returns for the S+P 500 index over the past 5-years to be 5.25%. What is the annual equivalent.

Calculate the 365 day basis holding period return on a 180 day original maturity 10% coupon dollar CD purchased with 90 days left to maturity on a yield of 9.5% and sold 30 days later on a yield of 9.6%.

Your sterling borrowing has just re-fixed (30 September 2002) at the current LIBOR fixing of 4 1/8% for the next 6-months. What sum of interest will you pay in 6 months time on a £1m loan.

Note: The day count convention for sterling deposits is act/365.

You are to receive an annuity of $1000 per year for 5 years followed by an annuity of $2000 per year for 6 years. You wish to have $30,000 saved up in 11 years' time. How much should you set aside in equal amounts at the end of years 9, 10 and 11 to achieve your ambition if the prevailing interest rate is 10% per annum? (Answers rounded to the nearest $).