What is the discount factor for $1 to be received in 5 years at a discount rate of 8%?
A) 0.4693
B) 0.5500
C) 0.6000
D) 0.6806
Correct Answer:
Verified
Q87: If the effective annual rate of interest
Q88: What APR is being earned on a
Q89: How much more would you be willing
Q90: "Give me $5,000 today and I'll return
Q91: What is the minimum nominal rate of
Q93: What is the present value of your
Q94: What is the annually compounded rate of
Q95: What is the present value of $100
Q96: If a borrower promises to pay you
Q97: Other things being equal,the more frequent the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents