Look closely at the current annual rates of return

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Look closely at the Current Annual Rates of Return, t =0, in the course website (that is, Cash = 0%, 1 Yr Treasury = 0.16%, etc). If you decide to invest $1,000,000 in the Treasury Bond, at the annual rate of return shown in the course website, which of the following best expresses the payment your bank will earn for investing money for fifteen years? highlight your answer A. 15PV B. PV(1 + i)15 C. PV/(1 + i) 15 D. FV/(1 + i) 15

Reference no: EM131340387

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