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Author Question: The present value of receiving M dollars in year t when the prevailing interest rate is i is equal ... (Read 90 times)

Anajune7

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on: Jun 30, 2018
The present value of receiving M dollars in year t when the prevailing interest rate is i is equal to
 a. M - it
  b. M  (1 - i)t
  c. M/(1 + i)t
  d. M  it
  e. M/it

Question 2

If on Tuesday you can buy 125 yen per U.S. dollar and on Wednesday you can buy 120 yen per U.S. dollar,
 a. both the U.S. dollar and the yen have appreciated
  b. both the U.S. dollar and the yen have depreciated
  c. the U.S. dollar has appreciated and the yen has depreciated
  d. the U.S. dollar has depreciated and the yen has appreciated
  e. the yen has appreciated and the U.S. dollar has remained constant


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Melissahxx

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Anajune7

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dominic

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Reply 3 on: Yesterday
Excellent

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