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Questions
Questions

FINA2720.MERGED.202610 Practice with Respondus and Time Value of Money- Requires Respondus LockDown Browser

Short answer

If you receive $439 each 6 months for 1 year and the discount rate is 0.07, what is the present value?

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Standard Answer
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Approach Analysis
Here is how to approach the present value calculation for this cash flow. First, identify the cash flows: you receive 439 every 6 months for 1 year, which means there are two payments in total (at 6 months and at 12 months). Next, determine the appropriate per-period discount rate. If the stated discount rate is......Login to view full explanation

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