Assuming a market rate of interest equal to 7 percent, what is the present value of $200 to be received one year from today?

A share of Apple stock has a price of $430 and gives $43 of Apple profit to its owner. The interest rate on this share is

A) 10 percent. B) $430. C) 15.4 percent D) $43.

A pay cap, acting as a price ceiling, for superintendent pay would do what in the labor market?

A. Decrease the supply of superintendents. B. Cause a shortage of superintendents. C. Increase the demand of superintendents. D. Cause a surplus of superintendents.