Question
1.A. Qiang places the amount of $ 32 in a special bank account that guarantees to provide $ 178 in 11 years. What rate of
1.A. Qiang places the amount of $32 in a special bank account that guarantees to provide $178 in 11 years. What rate of return would Qiang earn on this opportunity?
B. Hansi is promised to receive $79 in 4 years. Hansi, being profligate, prefers to spend this promised amount of money today. What is the equivalent present value of the settlement if the interest rate is 3.50%?
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
