What is the present value of RM4,500 to be received 10 years from today if the discount rate is 6 percent? Select one: a. RM2,126.590 b. RM2,327.689 c. RM2,165.790 d. RM2,512.776

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the present value of RM4,500 to be received 10 years from today if the discount rate is 6 percent?

Select one:

a. RM2,126.590

b. RM2,327.689

c. RM2,165.790

d. RM2,512.776

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