a-bond-will-pay-100-in-one-year-100-in-two-years-and-1100-in-three-years-if-the-

Question

A bond will pay $$100 in one year, 100 in $$two years, and $1,100 in three years. If the interest rate is 5%, what is the present value of these cash flows?

Accepted Answer

$1,136.28

Answer

$1,200.00

Answer

$1,290.00

Answer

$1,100.00

A bond will pay \$100 in one year, \$100 in two years, and \$1,100 in three years. If the interest rate is 5%, what is the present value of these cash flows?