Business, 12.12.2020 17:10 shealwaysknows23
What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
a. Decreases by 60.6%
b. Decreases by 4.33%
c. Decreases by 4.5%
d. Does not change
e. Increases by 4.5%
f. Increases by 60.6%
Answers: 2
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Answers: 2
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