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Author Question: If you will receive 3,000 three years from today and the discount rate is 7 percent, the present ... (Read 103 times)

gonzo233

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on: Jun 30, 2018
If you will receive 3,000 three years from today and the discount rate is 7 percent, the present value of the 3,000 is
 a. 2,779
  b. 3,770
  c. 1,658
  d. 1,962
  e. 2,449

Question 2

If the exchange rate changes from 1500 lire per U.S. dollar to 1000 lire per U.S. dollar, the U.S. dollar has
 a. appreciated, since its value has increased
  b. appreciated, since the price of foreign exchange has increased
  c. appreciated, making Italian goods cheaper in U.S. dollars
  d. depreciated, since its value has declined
  e. depreciated, since its value has increased


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alexisweber49

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

E

Answer to Question 2

D


gonzo233

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Reply #2 on: Jun 30, 2018
Thank you


alexisweber49

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Reply #3 on: Jun 30, 2018
No problemo


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