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Use the Table for the Question(s) Below

Question 97

Multiple Choice

Use the table for the question(s) below.
Suppose the term structure of interest rates is shown below:
Use the table for the question(s) below. Suppose the term structure of interest rates is shown below: -Suppose the term structure of interest rates is shown below: The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________. A) $3010 B) $2408 C) $3612 D) $4214
-Suppose the term structure of interest rates is shown below: Use the table for the question(s) below. Suppose the term structure of interest rates is shown below: -Suppose the term structure of interest rates is shown below: The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________. A) $3010 B) $2408 C) $3612 D) $4214 The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________.


A) $3010
B) $2408
C) $3612
D) $4214

Correct Answer:

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