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Author Question: A local bank is offering a zero-coupon certificate of deposit for 25,000. At maturity, three years ... (Read 27 times)

xclash

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on: Jul 10, 2018
A local bank is offering a zero-coupon certificate of deposit for 25,000. At maturity, three years from now, the investor will receive 32,000. What is the rate of return on this investment?
 
  A) 3 percent
  B) 6 percent
  C) 9 percent
  D) 12 percent

Question 2

The primary economic principle used in managerial finance is ________.
 
  A) purchase power parity
  B) asset pricing theory
  C) Porter's theory of five forces
  D) marginal cost-benefit analysis


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DylanD1323

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Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

D


xclash

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
:D TYSM

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