Chapter 02 How to Calculate Present Values - Test Bank For：02章如何计算现值测试银行.doc

Chapter 02 How to Calculate Present Values ? Multiple Choice Questions? 1.?The present value of $100 expected in two years from today at a discount rate of 6% is:?A.?$116.64B.?$108.00C.?$100.00D.?$89.00 ? 2.?Present Value is defined as:?A.?Future cash flows discounted to the present at an appropriate discount rateB.?Inverse of future cash flowsC.?Present cash flow compounded into the futureD.?None of the above ? 3.?If the interest rate is 12%, what is the 2-year discount factor??A.?0.7972B.?0.8929C.?1.2544D.?None of the above ? 4.?If the present value of the cash flow X is $240, and the present value cash flow Y $160, then the present value of the combined cash flow is:?A.?$240B.?$160C.?$80D.?$400 ? 5.?The rate of return is also called: I) discount rate; II) hurdle rate; III) opportunity cost of capital?A.?I onlyB.?I and II onlyC.?I, II, and IIID.?None of the given ones ? 6.?Present value of $121,000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is:?A.?$121,000B.?$100,000C.?$110,000D.?None of the above ? 7.?One year discount factor at a discount rate of 25% per year is:?A.?1.25B.?1.0C.?0.8D.?None of the above ? 8.?The one-year discount factor at an interest rate of 100% per year is:?A.?1.5B.?0.5C.?0.25D.?None of the above ? 9.?Present Value of $100,000 that is, expected, to be received at the end of one year at a discount rate of 25% per year is:?A.?$80,000B.?$125,000C.?$100,000D.?None of the above ? 10.?If the one-year discount factor is 0.8333, what is the discount rate (interest rate) per year??A.?10%B.?20%C.?30%D.?None of the above ? 11.?If the present value of $480 to be paid at the end of one year is $400, what is the one-year discount factor??A.?0.8333B.?1.20C.?0.20D.?None of the above ? 12.?If the present value of $250 expected to be received one year from today is $200, what is the discount rate??A.?10%B.?20%C.?25%D.?None of the above ? 13.?If the one-yea