Question
Which of the following statements is false? a. If we want to know how much we should pay for an investment, we calculate the present
Which of the following statements is false?
| a. | If we want to know how much we should pay for an investment, we calculate the present value | |
| b. | EAR equals APR when the interest is compounded annually | |
| c. | Interest is paid to compensate for postponing consumption, inflation and risk | |
| d. | Future value decreases with the number of compounding periods in a year |
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Applied International Finance I Managing Foreign Exchange Risk
Authors: Thomas O'Brien
2nd Edition
1947441280,1947441299
