What estimations are involved in present value measurements?
What will be an ideal response?
1) future cash flows, including timing, amount, and risk of those cash flows2) interest rates, including the historical rate, current rate, average expected rate, weighted average cost of capital, or the incremental borrowing rate
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The future value of $7,000 deposited today and compounded quarterly at a 16% annual interest rate for five years is
A. $14,724. B. $14,702. C. $8,517. D. $15,338.
Use the given stock table to answer the question.How does the share price for company XYZ compare to the profit per share that it earned in the past year?
A. price = 17.51 × earnings B. earnings = 14 × price C. price = 1.2 × earnings D. price = 14 × earnings
Solve.Calculate the monthly payment for a home mortgage of 
with a fixed APR of 3.0% for 15 years.
A. $1313.92 B. $3611.74 C. $35,568.06 D. $4378.47
Intelligence is solely determined by inherited, genetic factors.
Answer the following statement true (T) or false (F)