Posted by: Pdfprep
Post Date: February 12, 2021
Michael estimates opportunity cost of investment to be 10.5% compounded annually.
Which of the following is the best proposal?
A . Receive Rs. 5,500/- at beginning of each year for 15 years
B . Receive Rs. 5,500/- at the end of each year for 19 years
C . Receive Rs. 45,000/- today
D . Receive Rs. 1,20,000/- at the end of 10 years
Answer: C
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