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Saba will receive JOD12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value

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Saba will receive JOD12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent? Select one: O a. JOD 72,560 O b. JOD 38,640 O c. JOD 67,802.4 O d. JOD120,000

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