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Author Question: Globalization has depressed wages in western industrialized countries, particularly those for A) ... (Read 52 times)

rayancarla1

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on: Jul 1, 2018
Globalization has depressed wages in western industrialized countries, particularly those for
 
  A) highly skilled workers.
  B) highly educated workers.
  C) semi-skilled workers.
  D) low skilled workers.

Question 2

An aircraft company has signed a contract to deliver a plane 3 years from now. The price they will receive at the end of 3 years is 20 million. If the firm's cost of capital is 6, what is the present value of this payment?
 
  What will be an ideal response?


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qytan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

PV = 20/(1.06)3 = 16.79 million


rayancarla1

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

scikid

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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