What is the maximum radius you will be working at? Answer in feet.

2. Fill in the blank. A medication label has the following information:Sinemet®carbidopa-levodopa10-100Du Pont Pharmaceuticals100 tablets What is the trade name of this medication?

5. Fill in the blank. A medication label has the following information:Sinemet®carbidopa-levodopa10-100Du Pont Pharmaceuticals100 tablets What is the name of the pharmaceutical company?

3. Fill in the blank. A medication label contains the following information: Prinivil®lisinopril5 mg100 tabletsMerck & Co., Inc.What is the dosage strength of the medication? 

You start your day at Delta Trades as a bond trader on the fixed income desk. During the negotiations pertaining to a major deal, you are asked to provide the prices of several zero-coupon bonds with different maturities. In the absence of coupon payments, you recall that the price of a zero-coupon bond is essentially the same as the discount factor used to assess the present value of its only cash flow (terminal cash flow).  You immediately download the spot rates (annual compounding) from your system: 1-year spot rate: [spot1] 2-year spot rate: [spot2] 3-year spot rate: [spot3] 4-year spot rate: [spot4] 5-year spot rate: [spot5] 6-year spot rate: [spot6] 7-year spot rate: [spot7] 8-year spot rate: [spot8] Your colleague informs you: “The first zero-coupon bond we need to price has a redemption/maturity expected in [year] years.” What is the price (discount factor) of this [year]-year zero coupon bond? Round your answer to the nearest three decimals if needed. State the price on a $1.00 (one dollar) basis. Type your answer in percentage and not in decimals (i.e. 5.211 and not 0.052). Do not type the % symbol.  

An hour passed and the meeting is still going on. There are multiple reports over the table, and differences of opinion start arising. The discussion revolves around a series of plain-vanilla bonds that were priced using a volatility assumption of [vol]%. You recall that the volatility assumption implies we acknowledge uncertainty about future interest rates, and very soon you notice the conventional binomial lattice used in that case. Peter is also looking at the report and mentions that 1-year forward rate starting one year from now in the good state of the world is now missing. He asks you: “Can you estimate it?” Face Value: $100.00 Spot Rate Today: [spot0a]% Forward Rate 1-year duration, starting 1-year from today (Node C): [f11c]% Volatility: [vol]%   *Round your answer to the nearest three decimals if needed. *Type your answer in percentage and not in decimals (i.e. 5.2 and not 0.052). Do not type the % symbol.

Imagine you are working at a mortgage-backed securities (MBS) desk at an investment bank. A housing finance company has just securitized a pool of mortgages, and you are tasked with valuing the pass-through security that investors will buy. The deal contains [number] identical [year]-year fixed-rate mortgages, each with a balance of $100,000 and a [coupon]% annual coupon. Assume the following: Constant prepayment rate (CPR) = [cpr]% annually. Risk-free discount rate = [rf]%. No default risk (only prepayments).   Task:Estimate the value of the MBS.   Please round your answer to the nearest two decimals. Do not type the $ symbol.

The negotiations begin! Your company has excess cash that it wants to park for a short period while waiting to fund an upcoming project. To do so, the treasurer suggests the money could be placed in a Eurodollar time deposit. More specifically, a [days]-day Eurodollar deposit with an initial investment of $[deposit]. The interest rate is the [days]-day LIBOR of [rate]% per annum, quoted on a simple (add-on) interest basis. One of the directors at the table asks you … If we move forward with this possibility, How much interest will our company receive when the deposit matures at the end of [days] days?   *Round your answer to the nearest three decimals. Do not type the $ symbol.

OPTIONAL: Paste the link to the Excel spreadsheet used during this exam.  *You can get this link by clicking on “SAVE YOUR WORK” (top/left of the Excel window). Once you click on that button, the link will be copied to your computer’s clipboard. Next, you can press “Ctrl + V” to paste it below. *If you do not paste that link here, it will not be possible to access your calculations, once you close this exam.

The morning round of negotiations concludes, and everyone will reconvene in the afternoon. By now, you have become a reliable participant in the meetings, especially for quick, precise calculations. Nancy, one of your colleagues, gives you a heads-up that the afternoon session will be shorter and focused on swaps. Although you have not received significant training in swaps, you understand that the pricing principles should be similar to those for other fixed-income instruments. You go over the data that will be used in the afternoon session, and you give it a try at calculating the price of an interest-rate-swap price, as a starting point. You are familiar with par rates, so you know that the calculation is exactly the same.   Please provide your answer as percentage and not as decimal (i.e. 5.2% and not 0.052). Please round to the nearest three decimals if needed. TTM DF 1yr [pvf1] 2yr [pvf2] 3yr [pvf3] 4yr [pvf4]