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    Exam 14: Expectations: the Basic Tools
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    With a Constant Nominal Interest Rate Equal to I,the Present
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With a Constant Nominal Interest Rate Equal to I,the Present

Question 17

Question 17

Multiple Choice

With a constant nominal interest rate equal to i,the present discounted value of $1.00 to be received 4 years from today is equal to


A) 1+i.
B) i4.
C) (1+i) 4.
D) 1 / (1+i) 4.
E) 4(1+i) .

Correct Answer:

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