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To Find the Yield on Investments Which Require the Payment

Question 8

Multiple Choice

To find the yield on investments which require the payment of a single amount initially, and which then return a single amount some time in the future, the correct table to use is


A) the present value of $1
B) the future value of $1
C) present value of an annuity of $1
D) (a) and (b) above.

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