货币金融学(全)chapter 4习题.ppt

文档介绍：:ifplowerthanF,,wheneconomisttalkaboutinterestrate,%to5%,’sinterestratedecreasefrom8%to6%inoneyear’stime,%andexpectedinflationrateis14%,companiesaremorewillingtoborrowfundsinthesituationinwhichpriceisstableandinterestrateis2%.paredto1-%,youaremorewillingtohold1-yeargovernmentbondwhichdiscountyieldis10%.$$,interestrateis5%A$$50C$100D$-sensenotionthatadollarpaidtoyouinthefutureislessvaluabletoyouthanadollartoday.A)presentvalueB)futurevalueC)interestD),thepresentvalueof$100nextyearisapproximatelyA)$)$)$)$)fallsB)risesC)isconstantD)isunaffectedAnswer:$55inoneyearand$133inthreeyears,itspresentvalueis$150iftheinterestrateisA)))):)decreasesB)increasesC)hasnoeffectonD)isirrelevanttoAnswer:$1millionperyearfortwentyyearshaswon$20millionignorestheconceptofA)))):)))):))))re