Current value of investment, Macroeconomics

An investment promised a payoff of $195 two and a half years from today. At a discount rate of 75% per year what is the present value of this investment?

A. 169.47
B. Not enough information to answer the question
C. 162.03
D. 162.75

 

Posted Date: 2/4/2014 11:35:33 PM | Location : United States







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