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Question 57 1 pts Let's assume a project has high up-front benefits, and high costs that occur far into the future. If the project uses a higher interest rate (a.k.a. discount rate) to evaluate the present value of net benefits of the project versus a lower interest (discount) rate, the project. becomes more viable is unaffected, since the true costs and benefits don't change when the interest rate changes o becomes less viable Question 55 1 pts Your friend promises that in 12 years, he will give you $1,000. Assume the interest rate (a.k.a. discount rate) is 8% and assume no inflation happens over the time period. What is the value of that promise today? O Exactly $1,000 Between $201 and $400, inclusive Between $401 and $600, inclusive Between $0 and $200, inclusive Between $601 and $1,000, inclusive More than $1,000

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