What is the present value of the maturity value of ₹10,000 which has been given on 15% interest for five years while required rate of return is 10%? (FV @ 15% after 5 years is 2.01136, FV @ 10% after 5 years is 1.61051)

CS Executive · Financial and Strategic Management · PYQS · December 2020
What is the present value of the maturity value of ₹10,000 which has been given on 15% interest for five years while required rate of return is 10%? (FV @ 15% after 5 years is 2.01136, FV @ 10% after 5 years is 1.61051)
(A) ₹12,488.94
(B) ₹12,494.88
(C) ₹21,494.88
(D) ₹21,488.94

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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