1. Naba is offered either to receive `5,000, 1 year from now or `7,000, 5 years from...
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1. Naba is offered either to receive `5,000, 1 year from now or `7,000, 5 years from now.
Which one Naba will accept and why if discount rate is 10%? Given, Present Value of `1 at 10% is .909 and .621 for 1st and 5th year, respectively?
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Related Book For
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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