The PV (Present Value) Function for a Single Sum in a Microsoft

question 46

Multiple Choice

The PV (present value) function for a single sum in a Microsoft Excel spreadsheet requires inputting all of the following variables except ________.

• A) length of compounding period
• B) number of compounding periods
• C) interest rate per compounding period
• D) future value of single sum

---

Definitions:

Growth Rate

The rate at which a company's earnings or revenue increases over a specified period.

Chapter 7 Bankruptcy

A form of bankruptcy that involves the liquidation of a debtor's assets to pay off creditors, resulting in the discharge of remaining debts.

Chapter 11

The chapter of the bankruptcy code dealing with reorganization. Firms in bankruptcy proceedings are commonly said to be “in Chapter 11.”

Junk Bond

A high-yield but high-risk bond issued by corporations or municipalities, viewed as being below investment grade.