1a)

Suppose the risk-free interest rate is 3.3%.

a. Having $200 today is equivalent to having what amount in one year?

b. Having $200 in one year is equivalent to having what amount today?

c. Which, would you prefer, $200 today or $200 in one year? Does your answer depend on when you need the money? Why or why not?

a. Having $200 today is equivalent to having what amount in one year?

Having $200 today is equivalent to having $ ---------- in one year. (Round to the nearest cent.)