Assume the same data as in Appendix 1 Exercise 12-19, except that the current interest rate is
Question:
Will the present value of your winnings using an interest rate of 13% be one half the present value of your winnings using an interest rate of 6.5%? Why or why not?
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No The present value of your winnings using an interest rate of 13 is 5...View the full answer
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Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
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