Author Question: The present value of a 20,000 perpetuity at a 7 percent discount rate is: (Round to the nearest ... (Read 82 times)

drink

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The present value of a 20,000 perpetuity at a 7 percent discount rate is: (Round to the nearest dollar)
 
  A) 186,915
  B) 285,714
  C) 140,000
  D) 325,000

Question 2

Exchange rate risk exists in International Trade Contracts, Foreign Portfolio Investments, and in
  Direct Foreign Investments.
 
  Indicate whether the statement is true or false



Laurenleakan

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Answer to Question 1

B

Answer to Question 2

TRUE



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