Question
MC Qu. 5 Present value of an Annuity What is the present value of a $pay? Present Value of an Annuity What is the present value of a $1,800 annuity payment over 8 years if interest rates are 8 percent? $3,331.67 $972.48 $10,343.95 $11,244.40 MC Qu. 9 Unbiased Expectations Theory Suppose that the current one-year... Unbiased Expectations Theory Suppose that the current one year role (use year spot sale) and expected one year T bill rates over the following three years 0 years 2, 3, and 4, respectively) are as follows Using the unbiased expectations Theory, what is the current (long-term) rate for four-year maturity Treasury securities? 5.3375% 5.3352% 1.4910%
Explanation / Answer
1.C
2.B
