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Mr.Piyasoma is thinking of an investment which will pay cash flows of Rs.10,000 per quarter for the next 10 years. If your required return from the investment is 12% per annum, what is the future value of this investment at the end of 10th year?

Mr.Piyasoma is thinking of an investment which will pay cash flows of Rs.10,000 per quarter for the next 10 years. If your required return from the investment is 12% per annum, what is the future value of this investment at the end of 10th year?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Mr.Piyasoma is thinking of an investment which will pay cash flows of Rs.10,000 per quarter for the next 10 years. If your required return from the investment is 12% per what is the future value of this investment at the end of 10th year? annum,
Transcribed Image Text:Mr.Piyasoma is thinking of an investment which will pay cash flows of Rs.10,000 per quarter for the next 10 years. If your required return from the investment is 12% per what is the future value of this investment at the end of 10th year? annum,
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