12. Mr. H is offered either to receive `10,000 three years from now or `14,000 five years...
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12. Mr. H is offered either to receive `10,000 three years from now or `14,000 five years from now. Which offer Mr. H will accept? Assume rate of discount is 10%.
[Given: Present value of Rupee 1 at 10% is 0.751 and 0.621 for the 3rd 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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