The present value of ₹1,000 to be received after one year at the rate of 8% per annum is ₹926, if discounted half yearly, the present value would be :
CS Executive · Financial and Strategic Management · PYQS · December 2020
The present value of ₹1,000 to be received after one year at the rate of 8% per annum is ₹926, if discounted half yearly, the present value would be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Management
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