Moving Cash Flows What Is the Value in Year 7

question 20

Multiple Choice

Moving Cash Flows What is the value in year 7 of a $700 cash flow made in year 3 when the interest rates are 10 percent?

• A)$478.11
• B)$980.00
• C)$1,024.87
• D)$1,364.10

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Definitions:

Summary Judgment

A legal decision made by a court without a full trial, granted when there is no dispute over the material facts of the case and one party is entitled to judgment as a matter of law.

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Dodd-Frank Wall Street Reform

Comprehensive legislation passed in 2010 aimed at reducing risks in the U.S. financial system through increased regulation.

Consumer Protection Act

Legislation aimed at protecting consumers from unfair, deceptive, or fraudulent practices in the marketplace, ensuring their rights are safeguarded.