The table above shows the interest rates available from investing in risk-free Government of Canada securities with different investment terms.What is the present value (PV)of cash flows from an investment that yields $4000 at the end of each year for the next four years?
A)$14,898
B)$14,956
C)$14,990
D)$15,093
E)$14,822

Question

The table above shows the interest rates available from investing in risk-free Government of Canada securities with different investment terms.What is the present value (PV)of cash flows from an investment that yields $4000 at the end of each year for the next four years?
A)$14,898 
B)$14,956 
C)$14,990 
D)$15,093 
E)$14,822

Quizplus · Accepted Answer

The Answer of  The table above shows the interest rates available from investing in risk-free Government of Canada securities with different investment terms.What is the present value (PV)of cash flows from an investment that yields $4000 at the end of each year for the next four years?
A)$14,898 
B)$14,956 
C)$14,990 
D)$15,093 
E)$14,822

The Table Above Shows the Interest Rates Available from Investing