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Author Question: If you own a perpetuity of 100 and if the discount rate is 5 percent, then its present value a. ... (Read 93 times)

Pea0909berry

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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



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dudman123

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Answer to Question 1

D

Answer to Question 2

B




Pea0909berry

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


irishcancer18

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

 

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