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Author Question: The present value of receiving M dollars two years from now when the prevailing interest rate is i ... (Read 64 times)

darbym82

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on: Jun 30, 2018
The present value of receiving M dollars two years from now when the prevailing interest rate is i is equal to
 a. M - i2
  b. M  i2
  c. M/i
  d. M/(1 - i)
  e. M/(1 + i)2

Question 2

A German who exchanges euros for dollars in a U.S. airport is
 a. contributing to U.S. exports
  b. lending dollars to Germans
  c. participating in the foreign exchange market
  d. engaging in speculative activities
  e. engaging in illegal activities


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Dominic

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

E

Answer to Question 2

C


darbym82

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tandmlomax84

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  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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