What is TRUE about the Future Value general growth: I. For a given interest rate: the longer the time period, the higher the future value II. For a given time period: the higher the interest rate, the larger the future value III. The formula for Future Value is FV = r(1 + PV)t IV. The formula for Future Value is FV = PV(1 + r)t V. The formula for Future Value is FV = PV(1 + t)r

What is TRUE about the Future Value general growth: I. For a given interest rate: the longer the time period, the higher the future value II. For a given time period: the higher the interest rate, the larger the future value III. The formula for Future Value is FV = r(1 + PV)t IV. The formula for Future Value is FV = PV(1 + r)t V. The formula for Future Value is FV = PV(1 + t)r

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter7: Valuation Of Stocks And Corporations

Section7.6: Valuing Nonconstant Growth Stocks

Problem 3ST

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