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Author Question: A Canada government bond promises to pay a lump sum of $3,000 exactly5years from today. The nominal ... (Read 90 times)

ShannenConnor

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on: Aug 7, 2023
A Canada government bond promises to pay a lump sum of $3,000 exactly5years from today. The nominal interest rate is10%, semiannual compounding. Which of the following statements is correct?

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The periodic interest rate is greater than 5%.


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The periodic rate is less than 5%.


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The present value would besmallerif the lump sum were discounted back forfewerperiods.


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The present value of the $3,000 would be smaller if interest were compoundedquarterlyrather than semiannually.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by ShannenConnor on Aug 7, 2023

Jim457

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ShannenConnor

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Reply 2 on: Aug 7, 2023
:D TYSM

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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