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题目
FINA2720.MERGED.202610 Practice with Respondus and Time Value of Money- Requires Respondus LockDown Browser
简答题
If you receive $430 each 6 months for 1 year and the discount rate is 0.08, what is the present value?
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标准答案
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思路分析
First, identify the cash flows and the discounting basis. You receive $430 every 6 months for 1 year, which means there are 2 payments: at the end of the first 6-month period and at the end of the 12-month period.
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