1. Business
  2. Economics
  3. if the interest rate is 6 the present value of...

Question: if the interest rate is 6 the present value of...

Question details

If the interest rate is 6%, the present value of S800 to be received 5 years from today is S Round your response to the nearest two decimal place) You are in a car accident, and you receive an insurance settlement of $5500 per year for the next three years. The first payment is to be received today. The second payment is to be received one year from today, and the third payment two years from today.If the interest rate is 7%, the present value of the insurance settlement is S(Round your response to the nearest two decimal place) The most accurate measure of interest rates is A. the coupon rate. O B. yield to maturity. O C. discounted present value. O D. current yield
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution