Author Question: If you will receive 5,000 two years from today, what is its present value if the discount rate is 5 ... (Read 121 times)

armygirl

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If you will receive 5,000 two years from today, what is its present value if the discount rate is 5 percent?
 a. 5,025
  b. 4,500
  c. 3,429
  d. 4,535
  e. 4,762

Question 2

If the U.S. dollar appreciates, it means that
 a. the value of the U.S. dollar has decreased
  b. the value of foreign exchange has increased
  c. fewer U.S. dollars are required to purchase foreign exchange
  d. more U.S. dollars are required to purchase foreign exchange
  e. exports will fall immediately



harveenkau8139

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Answer to Question 1

D

Answer to Question 2

C



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