Exam (elaborations)
Test Bank Principles of Corporate Finance, 13th Edition by Brealey, Myers, Allen
- Course
- Finance
- Institution
- University Of Texas - Austin
Principles of Corporate Finance, 13e (Brealey) Chapter 2 How to Calculate Present Values 1) The present value of $100 expected two years from today at a discount rate of 6 percent is A) $112.36. B) $106.00. C) $100.00. D) $89.00. Answer: D Explanation: PV = 100/(1.06^2) = 89.00. Di...
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