单选题 Given a 5 percent discount rate, the present value of $ 500 to be received three years from today is :
  • A. $ 432.
  • B. $ 400.
  • C. $ 452.
【正确答案】 A
【答案解析】N=3; I/Y=5; FV=500; PMT=0; CPT→PV=431.92. OR 500/1.053=431.92.