Question

RT Ltd has an excess cash of Rs.20,00,000 which can be invested in short-term marketable securities .For these transactions the firm incurs an expenditure of Rs.50,000. If the securities invested have an yield of 8% ,which of the following periods can be chosen for investment ? a) 1-month b) 2 Months c) 3 Months d) 4 Months

Answer 1

Answer:

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