Suppose the present value of a 2-year ordinary annuity is $100. If the discount rate is 10%, what must be the annual cash flow?
A) $65.45
B) $82.64
C) $57.62
D) $53.78
E) $79.22
C
You might also like to view...
In the United States, the biggest issuers of debt securities are
A. households. B. business firms. C. governments. D. financial intermediaries.
An important benefit of "flat" organizational structures is that ________
A) ?employees work fewer hours B) ?decision makers can react more quickly to market changes C) ?face-to-face meetings are unnecessary D) ?all operations can remain in the same country
SAP refers to (in English)?
a. Systems Analysis and Program Development b. Systems Analysis and Program Department c. Systems Arbitration and Program Development d. Systems Alignment and Program Development
The early signs of bankruptcy are most often:
A. occur in isolated instances. B. apparent to the entrepreneur. C. unavoidable. D. interrelated.