Author Question: A local brokerage firm is offering a zero-coupon certificate of deposit for 10,000. At maturity, ... (Read 75 times)

joe · **on:** Jul 10, 2018

A local brokerage firm is offering a zero-coupon certificate of deposit for 10,000. At maturity, three years from now, the investor will receive 14,000. What is the rate of return on this investment?

A) 14 percent
B) 13 percent
C) 12 percent
D) 11 percent

Question 2

Economic theories that a financial manager must ensure for efficient business operations, include ________.

A) supply-and-demand analysis
B) asset pricing theory
C) Porter's theory of five forces
D) Monte-Carlo simulation