You are to receive a cash-flow of $40 after three years. If the ytm of this cash-flow is 6%, what is its present value? (Assume a semi-annual basis for compounding and discounting.)
A) $28.20
B) $33.50
C) $33.58
D) $37.74

Question

You are to receive a cash-flow of $40 after three years. If the ytm of this cash-flow is 6%, what is its present value? (Assume a semi-annual basis for compounding and discounting.) 
A) $28.20
B) $33.50
C) $33.58
D) $37.74

Quizplus · Accepted Answer

The Answer of You are to receive a cash-flow of $40 after three years. If the ytm of this cash-flow is 6%, what is its present value? (Assume a semi-annual basis for compounding and discounting.) 
A) $28.20
B) $33.50
C) $33.58
D) $37.74

You Are to Receive a Cash-Flow of $40 After Three