This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume that your required rate of return is 12 and you are given the following stream of cash flows: ... (Read 92 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: Jul 10, 2018
Assume that your required rate of return is 12 and you are given the following stream of cash flows:
 
  Year Cash Flow
  0 10,000
  1 15,000
  2 15,000
  3 15,000
  4 15,000
  5 20,000
 
  If payments are made at the end of each period, what is the
 
  present value of the cash flow stream? (Round to the nearest whole dollar)
  A) 66,909
  B) 57,323
  C) 61,815
  D) 52,345
  E) 62,029

Question 2

Which of the following types of bonds may the buyer sell back before maturity?
 
  A) Callable bond
  B) Putable bond
  C) Convertible bond
  D) Zero-coupon bond


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

Answer: B


swpotter12

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jul 10, 2018
Thank you :)


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jul 10, 2018
Happy to help you


« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Defensive mutualism involves species that receive food or shelter in return for providing protection Defensive mutualism involves species that receive food or shelter in return for providing protection
The three dimensions of stream structure. The three dimensions of stream structure.
THE RATE OF PHOTOSYNTHESIS THE RATE OF PHOTOSYNTHESIS
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
How to calculate invest at each rate How to calculate invest at each rate
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library