Suppose you make a $5,000 investment that will return $3,000 in year 2 and another $3,500 in year 4. With an interest rate of 4.5%, what is the NPV of this project?

The optimal sharing group for national defense is the size of a nation

a. True b. False

Depreciation of the dollar refers to

A. An increase in the price of foreign currency in terms of dollars. B. A loss of foreign exchange reserves. C. A fall in the dollar price of a foreign currency. D. Intervention in international money markets.