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please provide correct and complete answer 5 3. (a) What do you mean by time value of money? What are its reasons? (b) X decides
please provide correct and complete answer
5 3. (a) What do you mean by time value of money? What are its reasons? (b) X decides to invest 6,000 at the end of each year at the compound rate of interest of 12% p.a. for 8 years. What total amount he will get at the end of 8th 5 year? [FVAF at 12% for 8 years 12.30] 4. (a) Calculate payback period from the following information: Cost of machine: 1,00,000; Depreciation 10% p.a. under reducing balance method. Corporate tax rate 40% 5 Year 1 2 3 4 Expected PBT (* '000) NIL 54 88 104 (b) What are the distinguishing features of capital budgeting decisions? 125 6+4Step by Step Solution
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