he company has made an investment in government bonds. The bonds will generate an interest income of OMR 17457 each year for 6 years. The interest rate is 12% annually. Compute present value of the stream of interest income for 6 years.   اخترأحد الخيارات a. 4245.99 b. 89229.84 c. 54315.84 d. 71772.84 e. All the given choices in this question are not correct

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 20P
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The company has made an investment in government bonds. The bonds will generate an interest income of OMR 17457 each year for 6 years. The interest rate is 12% annually. Compute present value of the stream of interest income for 6 years.


 

اخترأحد الخيارات
a. 4245.99
b. 89229.84
c. 54315.84
d. 71772.84
e. All the given choices in this question are not correct
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