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1. When we express the value of a cash flow or series of cash flows in terms of dollars today, we call it the _____ of the investment. If we express it in terms of dollars in the future, we call it the _____.

present value; future value

future value; present value

ordinary annuity; annuity due

discount factor; discount rate

2. What type of bond is best to purchase when utilized in an IRA?

a. zero coupon

b. US Treasury

c. Municipal

d. Federal angency

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92740331

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