Question: Mr . X , a 2 nd year MBA student, has got a job that pays 8 , 0 0 , 0 0 0 per

Mr. X, a 2nd year MBA student, has got a job that pays 8,00,000 per annum and is expected to grow @9% every year till 40 years. Given a market rate of 20%, calculate the PV. of his lifetime income.

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