At a Rate of 6

question 73

Multiple Choice

At a rate of 6.25%,what is the present value of the following cash flow stream: $0 at Time 0; $75 at the end of Year 1; $225 at the end of Year 2; $0 at the end of Year 3; and $300 at the end of Year 4?

• A)$433.23
• B)$456.03
• C)$480.03
• D)$505.30

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Definitions:

Genes

Sequences of DNA that contain the instructions to build and maintain an organism's cells and pass traits to offspring.

Percent

A measure or ratio expressed as a fraction of 100.

Sex Chromosomes

Chromosomes that determine the sex of an organism, commonly referred to as X and Y chromosomes in many species.

Female Mammals

Members of the mammalian species characterized by the possession of mammary glands with which they feed their young, and typically possessing two X chromosomes.