Suppose you were to receive Rs.2, 000 at the end of 10 years. If your opportunity rate is
10 percent, what is the present value of this amount if interest is compounded?
Requirements: Marks 4
(a) annually?
(b) quarterly?
(c) continuously?
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Suppose you were to receive Rs.2, 000 at the end of 10 years. If your opportunity rate is
10 percent, what is the present value of this amount if interest is compounded?
Requirements: Marks 4
(a) annually?
(b) quarterly?
(c) continuously?