A sum of ₹50,000 is invested @ 12% p.a. for 6 years. What will be the present value of its maturity value, assuming a required rate of return of 10% ?

CS Executive · Financial and Strategic Management · PYQS · December 2019
A sum of ₹50,000 is invested @ 12% p.a. for 6 years. What will be the present value of its maturity value, assuming a required rate of return of 10% ?
(A) ₹86,000
(B) ₹98,700
(C) ₹55,667
(D) ₹56,504

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic