The largest bank serving the companys local business


The largest bank serving the company's local business community is currently offering an interest rate of 5.5% on three- year CD's. The bank pays interest on it CD's to depositors annually. The company's investment policy limits deposits in any individual bank to a maximum of $300,000. What is the Net Present Value and PI? Is this a good investment?

Request for Solution File

Ask an Expert for Answer!!
Financial Econometrics: The largest bank serving the companys local business
Reference No:- TGS0667603

Expected delivery within 24 Hours