Question
a. What is the PV of $240 received in year 6 (at a discount rate of 1%)? (Do not round intermediate calculations. Round your answer
| a. | What is the PV of $240 received in year 6 (at a discount rate of 1%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| b. | What is the PV of $240 received in year 6 (at a discount rate of 13%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| c. | What is the PV of $240 received in year 11 (at a discount rate of 25%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
| d. | What is the PV of $240 received in each of years 1 through 3 (at a discount rate of 12%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Present value | $ |
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Applied Quantitative Finance
Authors: W.; T. Kleinkow; G. Stahl Hardle
1st Edition
3540434607, 978-3540434603
