Multiple Choice
If the annual interest rate remains unchanged over the next two years, and the present value of $120 to be received one year from now is $100, what will $100 be worth two years from now?
A) $120
B) $140
C) $144
D) Uncertain. We need to know the interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q165: A legal organization of a firm where
Q166: The normal rate of return is the<br>A)
Q167: When the anticipated rate of inflation is
Q168: The rate of interest that you pay
Q169: If a corporation fails, the first recipients
Q171: Joanne left her last job, in which
Q172: The owners of preferred stock<br>A) receive preferential
Q173: Which method of corporate finance is used
Q174: What is the present value of $100
Q175: Creditors require collateral in many cases, because<br>A)