NO.PZ2015120604000002
问题如下:
An investor purchase a share of stock 20 years ago and the purchase price was $15. During investment period, the stock paid no dividends, yet it has the annual compounded rate of 16%. According to these messages, now the share price is closest to:
选项:
A.$261.86.
B.$770.78.
C.$291.91.
解释:
C is correct.
N = 20; I/Y = 16; PV = -15; PMT = 0; CPT FV = $291.91
15乘以(1+16%)的20次方