BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
You have purchased a Treasury bond that will pay $10, 000 to your newborn child in 15 years. If this bond is discounted at a rate of 3.875% per year, what is today’s price (present value) for this bond?
|
$5, 654
|
|
$5, 500
|
|
$5, 644
|
|
$10, 000
|
Explanation:
There is 1 question to complete.