9. Mrs. Dasgupta has two options at the time of her investment: Option A: Receive `10,00,000 as...

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9. Mrs. Dasgupta has two options at the time of her investment:

Option A: Receive `10,00,000 as on the date of retirement.

Option B: Receive `1,00,000 as an annual pension over 20 years.

If the discount rate is 12%, which option should she choose?

[Present Value of rupee @ 12% over 20 years is 7.469]

option A receiving `10,00,000 on the date of retirement] [C.U. B.Com. (H), 2014]

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