The future value of $100 today will be:
A) more than $100 if the interest rate is positive.
B) more than $100 if the interest rate is zero.
C) less than $100 if the interest rate is positive.
D) $100 if the interest rate is negative.
Correct Answer:
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Q2: A bond's maturity is 2 years, with
Q3: What is the present value of $100
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Q6: A lower interest rate:
A)increases the future value
Q7: A dividend is the:
A)payment from a firm
Q8: What will happen if the current asset
Q9: The reason a dollar is worth today
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Q11: If the interest rate is 5% per
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