You lent money to a friend. He has proposed 3 different repayment plans to repay you...
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You lent money to a friend. He has proposed 3 different repayment plans to repay you in 4 years. Which of the following repayment plans should you prefer? Select one: a. Yr1 Rs500, Yr2 Rs400, Yr3 Rs300, Yr4 Rs200 b. Yr1 Rs350, Yr2 R$350, Yr3 Rs350, Yr4 Rs350 c. Any of the above since they all add to Rs1400 d. Yr1 Rs200, Yr2 Rs300, Yr3 R$400, Yr4 Rs500 You lent money to a friend. He has proposed 3 different repayment plans to repay you in 4 years. Which of the following repayment plans should you prefer? Select one: a. Yr1 Rs500, Yr2 Rs400, Yr3 Rs300, Yr4 Rs200 b. Yr1 Rs350, Yr2 R$350, Yr3 Rs350, Yr4 Rs350 c. Any of the above since they all add to Rs1400 d. Yr1 Rs200, Yr2 Rs300, Yr3 R$400, Yr4 Rs500
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Answer rating: 100% (QA)
SOLUTION Using Yahoo Finance the yield or interest rate for the 10year Treasury bond on August 1 2006 was 499 This will be used as the discount rate for the remainder of the problem The timeline for N... View the full answer
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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