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    Financial Markets and Institutions Study Set 1
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    Exam 3: What Do Interest Rates Mean and What Is Their Role in Valuation?
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    With an Interest Rate of 5 Percent,the Present Value of $100
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With an Interest Rate of 5 Percent,the Present Value of $100

Question 97

Question 97

Multiple Choice

With an interest rate of 5 percent,the present value of $100 received one year from now is approximately


A) $100.
B) $105.
C) $95.
D) $90.

Correct Answer:

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