This topic contains a solution. Click here to go to the answer

Author Question: If you own a perpetuity of 100 and if the discount rate is 5 percent, then its present value a. ... (Read 75 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
If you own a perpetuity of 100 and if the discount rate is 5 percent, then its present value
 a. cannot be determined unless we know the number of years
  b. is 95.21
  c. is 105
  d. is 2,000
  e. is infinite

Question 2

Foreign nations' demand for dollars increases as
 a. Americans travel abroad
  b. foreigners purchase American goods
  c. Americans purchase foreign goods
  d. Americans buy foreign stocks or bonds
  e. Americans send cash gifts abroad



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dudman123

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

B




Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Excellent


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library