what is the present value of this investment Select one: a. 124867.77 OMR

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter11: Managing Transaction Exposure
Section: Chapter Questions
Problem 33QA
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Dhofar Insurance Company has made an investment in another company that will guarantee it a cash flow of OMR 37250 each year for the next five years. If the company uses a discount rate of 15 percent on its investments, what is the present value of this investment Select one: a. 124867.77 OMR b. 127107.50 OMR c. 127107.50 OMR d. None of these e. 120680.04 OMR
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