What is the future value of 400 in 18 years assuming an


1. What is the future value of $400 in 18 years assuming an interest rate of 8 percent compounded semiannually?

2. Explain Loanable Funds Theory.

 

3. State and explain some characteristics of common stock that differentiate the security from other types of financial securities.

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Financial Management: What is the future value of 400 in 18 years assuming an
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