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Fundamentals of Financial Management Concise
Quiz 5: Time Value of Money
How Much Would $30,000 Due in 50 Years Be Worth
Question 78
Multiple Choice
How much would $30,000 due in 50 years be worth today if the discount rate were 7.5%? A) $838.94 B) $959.94 C) $621.14 D) $806.67 E) $613.07
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Related questions
Q 79
How much would $5,000 due in 25 years be worth today if the discount rate were 5.5%? A) $1,101.38 B) $1,311.17 C) $983.38 D) $1,232.50 E) $1,166.94
Q 80
Suppose a U.S.treasury bond will pay $1,700 five years from now.If the going interest rate on 5-year treasury bonds is 4.25%,how much is the bond worth today? A) $1,380.60 B) $1,035.45 C) $1,698.14 D) $1,090.68 E) $1,711.95
Q 81
Suppose an Exxon Corporation bond will pay $4,500 ten years from now.If the going interest rate on safe 10-year bonds is 5.60%,how much is the bond worth today? A) $3,001.04 B) $2,609.60 C) $2,139.87 D) $2,218.16 E) $2,948.84
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