Saleem has purchased an investment certificate having a face value of Rs. 50,000. It carries interest
at the rate of 12% payable annually and would mature after 4 years. For how much can Saleem
sell this investment to a person whose required rate of return is 10%.
(a) Rs. 44,643
(b) Rs. 60,000
© Rs. 53,170
(d) Rs. 50,543
Answers
Answered by
0
Answer:
d rs 50543 this is the answer
Answered by
0
Answer:
(d) Rs. 50,543 this is the correct answer
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