Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 06, 2024

homework help please What is the present value of a $100,000 cash that is receivable in 1 year, when the market rate of interest is

image text in transcribed homework help please

What is the present value of a $100,000 cash that is receivable in 1 year, when the market rate of interest is 7% per annum? Select one: 0 $93.458 O $106,123 O $95,858 $88,564

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational Business Finance

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

12th Edition

0136096689, 978-0136096689

More Books

Students also viewed these Finance questions

Question

★★★★★

You sold a stock short for $50 and maintained the position for two years during which the stock paid an annual dividend of $2. At the end of two years, you closed your position when the stock was...

Answered: 1 week ago

Question

★★★★★

Describe the factor beta, standard deviation, and value-at-risk methods of estimating risk exposure. AppendixLO1

Answered: 1 week ago

Question

★★★★★

=+b) Each member of a group of professional chefs rates the quality of a basket of organic vegetables on a 5-point scale. The same chefs then rate the quality of a basket of non-organic vegetables on...

Answered: 1 week ago

Question

★★★★★

Analyzing and Interpreting the Impact of an Inventory Error Grants Corporation prepared the following two income statements (simplified for illustrative purposes): During the third quarter, it was...

Answered: 1 week ago

Question

★★★★★

Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 79,000 $ 25,600 $...

Answered: 1 week ago

Question

★★★★★

What do you foresee as future opportunities in the pharmacy profession for the well prepared graduate?

Answered: 1 week ago

Question

★★★★★

PORTAGE COLLEGE Diversity Awareness Course Score | Home | Help | Exit Module 2 Post-Test Module 1 Module 2 Module 3 Module 2 Post-Test h As we grow and learn more about diversity we will transition...

Answered: 1 week ago

Question

★★★★★

Markus Ltd., a one-year-old e-marketing company, aspires to have the best risk management processes. However, as the company has only been around for a short period of time, it lacks risk management...

Answered: 1 week ago

Question

★★★★★

Why is there a rule-making process for information contained in financial reports? Select an answer: so outsiders can compare different companies so companies in different industries can have custom...

Answered: 1 week ago

Question

★★★★★

Which level of conflict (discomfort, misunderstanding or tension) is described in the following situations? - a) A manager thinks it is a reasonable expectation that employees turn up for work ten...

Answered: 1 week ago

Question

★★★★★

An immunology clinic is required to have at least one physician who is board certified in infectious diseases. This is a/an: Question 7 options: Process measure Outcome measure Patient experience...

Answered: 1 week ago

Question

★★★★★

=+ Does it speak to you in a personal way? Does it solve a problem?

Answered: 1 week ago

Question

★★★★★

=+Part 4 Write one unifying slogan that could work here and abroad.

Answered: 1 week ago

Question

★★★★★

=+Part 5 Decide what media to use: transit, ambient, digital, mobile, and so on.

Answered: 1 week ago

Previous Question Next Question