menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Economics of Money Banking Study Set 1
  4. Exam
    Exam 4: Understanding Interest Rates
  5. Question
    With an Interest Rate of 6 Percent,the Present Value of $100
Solved

With an Interest Rate of 6 Percent,the Present Value of $100

Question 66

Question 66

Multiple Choice

With an interest rate of 6 percent,the present value of $100 next year is approximately


A) $106.
B) $100.
C) $94.
D) $92.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: If a security pays $110 next year

Q18: In which of the following situations would

Q21: The _ of a coupon bond and

Q50: A _ is bought at a price

Q62: The return on a 5 percent coupon

Q63: The sum of the current yield and

Q68: Which of the following $1,000 face-value securities

Q74: The riskiness of an asset's returns due

Q75: There is _ for any bond whose

Q82: A discount bond selling for $15,000 with

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines