Present value) What is the present value of the following future amounts? a. $900 to be received 10 years from now discounted back to the present at 11 percent. b. $300 to be received 6 years from now discounted back to the present at 8 percent. c. $1,150 to be received 11 years from now discounted back to the present at 5 percent. d. $1,100 to be received 4 years from now discounted back to the present at 19 percent.
Present value) What is the present value of the following future amounts? a. $900 to be received 10 years from now discounted back to the present at 11 percent. b. $300 to be received 6 years from now discounted back to the present at 8 percent. c. $1,150 to be received 11 years from now discounted back to the present at 5 percent. d. $1,100 to be received 4 years from now discounted back to the present at 19 percent.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
(Present
value)
What is the present value of the following future amounts?a.
$900
to be received
10
years from now discounted back to the present at
11
percent.b.
$300
to be received
6
years from now discounted back to the present at
8
percent.c.
$1,150
to be received
11
years from now discounted back to the present at
5
percent.d.
$1,100
to be received
4
years from now discounted back to the present at
19
percent.a. What is the present value of
$900
to be received
10
years from now discounted back to the present at
11
percent?$nothing
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