Multiple Choice
Suppose you have $1000 today and the risk-free rate of interest (rf) is 3.5%.The equivalent value in one year is closest to:
A) $965.00 today.
B) $966.18 today.
C) $1000.00 today.
D) $1035.00 today.
Correct Answer:
Verified
Correct Answer:
Verified
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