BUS 401 Week 2 Quiz
The longer we have to wait for a future amount to be received:
Student Answer:
the lower its present value will be.
the higher its present value will be.
Time does not affect present value, so it doesn’t matter how long we have to wait.
Beyond 10 years the value doesn’t change anymore because 10 years might as well be 20 years.
Instructor Explanation:
The longer we have to wait for a future amount to be received:
Student Answer:
the lower its present value will be.
the higher its present value will be.
Time does not affect present value, so it doesn’t matter how long we have to wait.
Beyond 10 years the value doesn’t change anymore because 10 years might as well be 20 years.
Instructor Explanation:
0 comments:
Post a Comment