What will be the approx. present value of an annuity of ₹25,000 to be received at the end of each of the next 5 years, if the discount rate is 12% ?
CS Executive · Financial and Strategic Management · PYQS · June 2022
What will be the approx. present value of an annuity of ₹25,000 to be received at the end of each of the next 5 years, if the discount rate is 12% ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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