Suppose the term structure of interest rates is shown below:

The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________.
A) $3010
B) $2408
C) $3612
D) $4214

Name: Suppose the term structure of interest rates is shown below: The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________. A) $3010 B) $2408 C) $3612 D) $4214
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Question

Suppose the term structure of interest rates is shown below:

The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________.
A) $3010 
B) $2408 
C) $3612 
D) $4214

Quizplus · Accepted Answer

A) 11eaabab_c0b7_597d_b90e_ed8770c6bb5c_TB5536_11

Suppose the Term Structure of Interest Rates Is Shown Below