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2. (a) What is the yearly interest on £27,225 bought into the 31 p. c. at 971?

(b) What is the annual interest on £1470 bought into the 21 p. c. at 75?

3. What sum invested in the 3 p. c. at 934 will produce £61, 55. per annum?

4. Find the yearly income arising from the investment of £6040 in the 3 p. c. consols selling at 94 p. c.

5. Find the yearly income from investing £3960 in railway stock standing at 103, and paying 5 p. c. (brokerage being per cent.).

6. If a person invested in 4 p. c. stock at 771, at what rate per cent. will he receive interest for his money?

7. Which is the better stock for investment, the 31 p. c. at 925, or the 31 p. c. at par?

8. What must be the market value of 3 p. c. stock, so that, after deducting an income tax of 10d. in the £, it may yield 3 per cent. interest?

9. Find the selling price of the 3 p. c. consols, when an outlay of £3020 produces a yearly income of £96.

10. Compare the incomes arising from £9855 invested in 3 per cents. standing at 90, and £10,201 invested in 31 p. c. standing at 101.

11. At what rate should money be invested in 31 p. c. to obtain (a) 3 and (?) 43 per cent. interest for it?

12. If I give part of my income to charity, what sum will be due from me to the charity six months after my investing 1958, 6s. 8d. in 3 per cents. standing at par?

13. What is my whole income from both my investments at The end of the second year, if, having £22,500 in 31 p. c., at the end of the first year I invest the interest of that sum in 10 p. c. stock at par?

14 When a 3 p. c. stock is at 93, find what price a 41 p. c. stock must be at in order that an investment may be made with equal advantage in either stock.

15. How much stock can be purchased for £3116, 5s. in the 31 p. c. standing at 103, and what income will it yield?

16. I sold out of the 3 p. c. at 96, and invested the sum accruing in railway 5 p. c. stock, thereby increasing my income 50 p. c.; what was the price of the railway stock?

17. What must be the market value of 3 p. c. stock in order that, after deducting income tax of 7d. in the £, it may yield 31 per cent. interest?

18. What is the yearly interest on £76,978 bought into the 3p. c. at 77? What sum would be gained by selling out at 77?

19. How much must a 3 p. c. stock fall below par in order that a broker, charging p. c. fees, may get 4 p. c. interest for my money?

20. If a man receives 4 p. c. interest on his capital by investing in the 3 p. c., what is the price of stock, and how much stock can be bought for £1200?

21. If I transfer £2000 stock from the 3 p. c. at 99 to the 3p. c. at 86g, what is the difference in my income?

22. What sum muşt a person have invested in the 3 p. c. at 90 if a transfer of of his capital to the 4 p. c. at 115 would increase his income £7?

23. What percentage and what amount of interest will an investor receive, who puts his capital (£19,500) into the 3 p. c. standing at 893, commission being per cent. ?

24. How much money will be required to purchase £8621, 108, 5d stock in the 3 p. c. standing 871, and what income will the purchaser receive?

25. A man invests £9600 in the 4 p. c. at 80, and at the end of each year invests the dividend which becomes due in the same stock. Find his dividend at the end of the third year, the funds remaining all the time at 80.

26. Find the simple interest for 7 years on £10,416, 135. 4d of stock sold out when standing at 96, and the resulting sum invested in 5 p. c. debentures at par.

27. The value of money increases from 4 p. c. to 5 p. c.; supposing this to have a corresponding influence on the funds, how much ought the 3 p. c. consols to fall?

28. A capitalist invests £5187, 10s. in the 3 p. c. at 83; he transfers of this sum to the 4 p. c. at 96. Find the alteration in his income.

29. Two persons buy respectively with the same sums of money into the 3 and into the 3 per cents., and get the same amount of interest, the 3 per cents. standing at 75; what do the 3 per cents. stand at?

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39. A's fortune, if mcrest of p. c.. would be equal to of the selling value of Ba, when vids £576 a year in the 3 14 C standing at 92, what is A: fortune?

40. If I withdraw my fortune (3000) from 4! p. c. stock dang at par, and reinvest in 4 p. c. stock standing at 96,

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41. What sum will be left out of the amount realized by selling £1000 stock standing at £911%, if enough be set aside to clear £43, 125. in 13 years at 3p. c. per ann. ?

42. I have £26,080 to invest, and the 3 p. c. are at So; I wait 11 days for a fall, but the funds rise steadily p. c. per day, and on the 11th day I invest, and am now compelled to pay a brokerp. c.: what loss of capital do I sustain by my delay, and what will be the amount of my annual income from the investment?

43. Explain the following extract from the Times-Consols, which left off last evening at 943 to 1, opened at 94 to, and remained without variation till the close of business;' and find the alteration in the income of a capitalist who has 200 shares in a railway bought at £100 a share, by his selling them all at £46 per share when they are paying 2 p. c., and investing in the 3 p. c. at 92.

44. Required an annual income of £460. I have my choice of investing in three per cent. stock at 87%, or in shares costing £233 each, on each of which a dividend of £7, 13s. 4d. is paid annually; what sum must I invest in the former, and what in the latter, to produce the required income?

45. I bought into the 3 p. c. standing at 921, and sold out again when they had risen to 964, improving my income by investing the proceeds in 5 p. c. stock at par to the extent of £183, 158. per ann.; what amount of stock did I purchase in the 3 p. c., and what had I to pay for it?

46. To what fraction of 10s. will 18 of a farthing in the £, on the income derivable from investing £7927, 10s. in the 3 p. c. at 94, amount?

47. If I possess £1000 stock in the 3 p. c. consols, purchased at 96, and sell out when they have fallen to 82, how much do I lose on my purchase money, and what interest shall I receive for the sum realized by the sale, if I invest it in 5 railway stock at par?

48. Wanted an income of £61, 55. million of money must be invested in the 3 at 93, to produce it?

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