Question: please answer the questions What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6

please answer the questions What is the present value (PV) of

please answer the questions

What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6 % per year? Select one a. $388 b. $417 c$404 d. $411. Which of the following conditions will not reduce your taxes in any way? Net y aww mi-100 Select one s a Being over age 65 b. Child support payments established in the past fifteen years C Being deaf d. Being blind Which of the following is wrong? Nat anar Select one: a The par value of a bond will be paid to the bondholder at maturity. b The par value multiplied by the coupon rate equals the interest paid to investors anhually C The par value of a bond is always its market value d The par value of a bond is its face value

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q 1. Stopping payment on a cheque Select one: a. is possible after the cheque clears in cases of disputes. b. can only be accomplished if the cheque has not cleared. c. is free if your cheque book is...

94-) What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6% per year Select one: a. $411. b. $388. c. $417. d. $404. 2-) 2-)What is the primary...

Bad debt expense is estimated and recorded in the period corresponding to the sale in which it was incurred because of which one of the following principles? Select one: a. economic entity principle...

Question 1 (a) Answer the following questions: (i) What is a firms intrinsic value? (2 marks) (ii) What is a firms current stock price? (2 marks) (iii) Is the stocks true long run value more closely...

Need assistance with Home work. Attached is the questions Farida Chapter 5 1. Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $2,700 in the bank and leave it there (Do...

There are multiple questions that I need help answering: 1. Several years ago, Castles in the Sand Inc. issued bonds at face value of $1,000 at a yield to maturity of 6.6%. Now, with 6 years left...

on Chapter 4 discusses the time value of money, including future value and present value based upon interest rates and time. Use this formatted Excel spreadsheet to answer questions on the scenarios...

attached file- plz help this s finance and i am so confused...if you can explain too the would be great 1. Old Time Savings Bank pays 5% interest on its savings accounts. If you deposit $1,700 in the...

A company with 113,631 authorized shares of $5 par common stock issued 47,644 shares at $13 per share. Subsequently, the company declared a 2% stock dividend on a date when the market price was $28 a...

Consider the poset ({2, 3, 4, 5, 6, 7,9, 12, 18, 27, 36}, |). (a) Draw the Hasse diagram for the poset. (b) Find the greatest element, if it exists. (C) Find the least element, if it exists. (d) Find...

The diameter of a hole drilled through aluminum at 22C is 7.50 mm. Find the diameter and the area of the hole at 89C.

Window Washers, Inc., is establishing a profit - sharing plan using Social Security integration. The base contribution percentage for the profit - sharing plan will be 5 % , and the owners have come...

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...