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a. If the present value of $151 is $137, what is the discount factor? (Round your answer to 4 decimal places.) Discount Factor 0.9072 b.

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a. If the present value of $151 is $137, what is the discount factor? (Round your answer to 4 decimal places.) Discount Factor 0.9072 b. If that $151 is received in year 5, what is the interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate % CI a. If the present value of $151 is $137, what is the discount factor? (Round your answer to 4 decimal places.) Discount Factor b. If that $151 is received in year 5. what is the interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Interest rate 92 Prey 1 of 8 Next >

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