Say that the interest rate is 11% and you invest $200 today, and then another $220 exactly
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Question:
Say that the interest rate is 11% and you invest $200 today, and then another $220 exactly one year from today. What is the total future value of these investments two years from today?
Group of answer choices
$490.62
$498.85
$511.15
$521.08
A coupon bond pays $400 at the end of each year for 3 years, and at the maturity date in 3 years, in addition to the final coupon payment, the bond also makes a face value payout of $890. If the interest rate is 6% then this bond has a present value of
Group of answer choices
$1,792.25
$1,801.15
$1,816.5
$1,838.40
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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