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 68 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 horizontal fraction bar was introduced by the Arabs.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Rinse the soap off completely from fingertips to elbows. Water flows off the forearms near the ... Rinse the soap off completely from fingertips to elbows. Water flows off the forearms near the ...
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
High school science classes are required to use deductive logic High school science classes are required to use deductive logic
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library