Author Question: The present value of 200 to be paid to you at the end of two years, if the market interest rate is 5 ... (Read 134 times)

WhattoUnderstand · **on:** Jun 30, 2018

The present value of 200 to be paid to you at the end of two years, if the market interest rate is 5 percent, is
a. 181.41
b. 190.00
c. 210.00
d. 225.78
e. cannot be determined from the information given

Question 2

An exchange rate is
a. the rate at which goods are traded between countries
b. the rate of the net difference between exports and imports
c. the denomination of currency used to purchase imports
d. the price of one currency in terms of another
e. the price at which one good trades for another