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Question 300 - CTFA discussion

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In 3 years you are to receive $5,000. If the interest rate were to suddenly increase, the present value of that future amount to you would:

A.
Fall
Answers
A.
Fall
B.
Rise
Answers
B.
Rise
C.
Remain unchanged
Answers
C.
Remain unchanged
D.
Cannot be determined without more information
Answers
D.
Cannot be determined without more information
Suggested answer: A
asked 16/09/2024
Mahmoud Ziada
39 questions
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