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trea48 trea48
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Posts: 450
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4 years ago

Question 1.

If the interest rate is 5%, the current market value of $1 to be delivered in one year is



▸ $0.91.

▸ $0.95.

▸ $1.00

▸ $1.10.

Question 2.

If the interest rate is 12%, the current market value of $1 to be delivered in one year is



▸ $0.89.

▸ $0.95.

▸ $1.00

▸ $1.15.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Answer verified by a subject expert
JaxJax
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Posts: 369
4 years ago
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trea48 Author
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4 years ago
TY
Jax
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4 years ago
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