Recommendations & Strategies第 57 / 100 题
The present value of a future sum will be lower when:
a.The discount rate is zero
b.The time period is very short
c.There is no interest
d.The discount rate is higher
解析
Present value falls as the discount rate rises, because future dollars are discounted more heavily. A higher rate or a longer horizon reduces present value. This time-value-of-money concept underlies bond pricing and retirement planning.
免费刷完整 100 道题库 — 无需注册。
同考点相关题目
- A married couple wants to pass assets to heirs while minimizing estate tax and retaining some control. An appropriate estate-planning tool to discuss is:
- A client asks about the tax treatment of qualified dividends. Qualified dividends are generally:
- When determining suitability, the FIRST and most fundamental step is to:
- An investor wants exposure to a broad market index at low cost with high tax efficiency and intraday liquidity. Which vehicle is MOST appropriate?
- A client in the accumulation phase of a variable annuity is concerned about outliving assets in retirement. Annuitization with a life payout option primarily addresses:
- An adviser notices a client has an unusually large, concentrated position in the client's employer stock. The primary concern the adviser should raise is: