This topic contains a solution. Click here to go to the answer

Author Question: If you own a perpetuity of 100 and if the discount rate is 5 percent, then its present value a. ... (Read 105 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
If you own a perpetuity of 100 and if the discount rate is 5 percent, then its present value
 a. cannot be determined unless we know the number of years
  b. is 95.21
  c. is 105
  d. is 2,000
  e. is infinite

Question 2

Foreign nations' demand for dollars increases as
 a. Americans travel abroad
  b. foreigners purchase American goods
  c. Americans purchase foreign goods
  d. Americans buy foreign stocks or bonds
  e. Americans send cash gifts abroad



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dudman123

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

B




Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

For a complete list of videos, visit our video library