What is the present value of an ordinary annuity that pays $1,000 per year over each of the next twenty years if the discount rate is 10%? Round to the nearest whole dollar

A) $8,364
B) $385
C) $424
D) $8,514
E) $1,537


D

Business

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Data originated by the researcher specifically to address the research problem are called ________

A) primary data B) secondary data C) virtual data D) census data E) research data

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Securitization delays the receipt of cash from sales made on credit

Indicate whether the statement is true or false

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McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? Year0 1 2 3 Cash flows?$1,150 $500 $500 $500

A. 1.86 years B. 2.07 years C. 2.30 years D. 2.53 years E. 2.78 years

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The variance of the returns of Stock X is 62.5 percent, and the expected return from the stock is 18 percent. Calculate the coefficient of variation of the stock.

A. 3.47 B. 0.44 C. 40.98 D. 0.29 E. 1.86

Business