FIN 571 Week 4 WileyPLUS Practice Quiz NEW

 FIN 571 Week 4 WileyPLUS Practice Quiz NEW



FIN 571 Week 4 WileyPLUS Practice Quiz NEW

Check this A+ Guidelines at

http://www.assignmentclick.com/FIN-571-NEW/FIN-571-Week-4-WileyPLUS-Practice-Quiz-NEW

For more classes visit

www.assignmentclick.com

FIN 571 Week 4 WileyPLUS Practice Quiz NEW
Multiple Choice Question 66
Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years? (Round to the nearest dollar.)
$38,850
$23,474
$16,088
$26,625
 
Multiple Choice Question 61   
PV of multiple cash flows: Jack Stuart has loaned money to his brother at an interest rate of 5.75 percent. He expects to receive $625, $650, $700, and $800 at the end of the next four years as complete repayment of the loan with interest. How much did he loan out to his brother? (Round to the nearest dollar.)
$2,250
$2,545
$2,713
$2,404
 
Multiple Choice Question 63 
PV of multiple cash flows: Hassan Ali has made an investment that will pay him $11,455, $16,376, and $19,812 at the end of the next three years. His investment was to fetch him a return of 14 percent. What is the present value of these cash flows? (Round to the nearest dollar.)
$33,124
$36,022
$41,675
 $39,208
 
Multiple Choice Question 65
PV of multiple cash flows: Pam Gregg is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. If she can earn 11 percent on any investment that she makes, what is the present value of her inheritance? (Round to the nearest dollar.)
$361,998
$309,432
$434,599
$412,372
 
Multiple Choice Question 66
Present value of an annuity: Transit Insurance Company has made an investment in another company that will guarantee it a cash flow of $37,250 each year for the next five years. If the company uses a discount rate of 15 percent on its investments, what is the present value of this investment? (Round to the nearest dollar.)
$186,250...

Similar Essays