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QUESTION 5 How much would $30,000 due in 50 years be worth today if the discount rate were 7.5%? a. $605.01 b. $911.54 c. $701.81
QUESTION 5 How much would $30,000 due in 50 years be worth today if the discount rate were 7.5%? a. $605.01 b. $911.54 c. $701.81 d. $621.14 e. $806.67 QUESTION 6 Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate would you earn if you bought this bond at the offer price? a. 6.08% b. 5.24% c. 5.08% d. 4.30% e. 5.40%
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