If the interest rate is zero, then the present value of a dollar received at the end of
Chapter 0, Problem 2(choose chapter or problem)
If the interest rate is zero, then the present value of a dollar received at the end of the year is a. more than $1. b. equal to $1. c. less than $1. d. zero. e. infinite.
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer