You are told that a security pays $55 in one year and $133 in three years....

 

 

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You are told that a security pays $55 in one year and $133 in three years. Find the appropriate interest rate on this security to get you a present value of $150? You are told that a security pays $55 in one year and $133 in three years. Find the appropriate interest rate on this security to get you a present value of $150?

Answer rating: 100% (QA)

To find the appropriate interest rate or discount rate that equates the present value of the future ... View the full answer