What is the discounted value of $60,000 to be received after six years, if the ongoing rate of interest is 6% per annum?

Of the emerging changes in the field of international relations, which is the most far-reaching and critical one?

a. increasing gaps in wealth b. erosion of American power c. role of the sovereign state d. spread of democracy

A sealed-bid auction is one in which ________

A) bidders do not know each other's bid B) bidders know each other's bid C) bidders place their bids one after another D) bidders cannot determine the price of the good