With a nominal interest rate of 5% per year,the present discounted value of $100 to be received in 10 years is
A) $50.00.
B) $61.39.
C) $95.24.
D) $150.00.
E) $163.89.
Correct Answer:
Verified
Q1: If the nominal interest rate is 20%
Q3: The nominal interest rate is
A)the interest rate
Q4: If the nominal interest rate is less
Q5: If the nominal interest rate 8% and
Q6: A consol bond promises to pay $1000
Q7: Whenever the expected inflation rate is positive
A)the
Q8: If the expected inflation rate is negative,the
Q9: Which of the following best defines the
Q10: Data on real and nominal interest rates
Q11: The present discounted value of a future
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