The table above shows the interest rates available from investing in risk-free U.S. Treasury securities with different investment terms. What is the present value (PV)of cash flows from an investment that yields $6000 at the end of each year for the next four years?
A)$18,111
B)$27,167
C)$31,695
D)$22,639

Question

The table above shows the interest rates available from investing in risk-free U.S. Treasury securities with different investment terms. What is the present value (PV)of cash flows from an investment that yields $6000 at the end of each year for the next four years?
A)$18,111 
B)$27,167 
C)$31,695 
D)$22,639

Quizplus · Accepted Answer

The Answer of  The table above shows the interest rates available from investing in risk-free U.S. Treasury securities with different investment terms. What is the present value (PV)of cash flows from an investment that yields $6000 at the end of each year for the next four years?
A)$18,111 
B)$27,167 
C)$31,695 
D)$22,639

The Table Above Shows the Interest Rates Available from Investing