Solved

To Compute the Present Value of $1,000 Discounted at the Rate

Question 9

Multiple Choice

To compute the present value of $1,000 discounted at the rate of 5% per year, to be received at the end of 3 years, you should use the following EXCEL command.


A) DISC
B) TVM
C) PV
D) RATE

Correct Answer:

verifed

Verified

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

Related Questions

Q1: The required return on Beta stock is

Q4: To compute the present value of $1,000

Q5: Joshua bought a stock for $17 a

Q12: The required rate of return on the

Q13: The standard deviation is computed by dividing

Q45: The holding period return is an excellent

Q49: Christopher purchased 200 shares of ABC stock

Q67: If the risk-free rate of return is

Q104: Inflation tends to have a favorable impact

Q119: The following investment cash flows have been