Question

the 2-year discount factor is 0.92. what is the present value of $1 to be received in year 2? note: do not round intermediate calculations. round your answer to 2 decimal places.

Answer 1

The 2-year discount factor is 0.92. The present value of $1 to be received in year 2 is $ 0.92.

Given :

Amount receivable is $ 1.00

2 year discount factor is 0.92

Present value 1*0.92 = $ 0.92

The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively.

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