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    Exam 13: Capital Investment Decisions: Appraisal Methods
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    The Present Value of £2,000 to Be Received Each Year
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The Present Value of £2,000 to Be Received Each Year

Question 50

Question 50

Multiple Choice

The present value of £2,000 to be received each year for three years and earning a 10 per cent return is


A) £5,560.
B) £4,974.
C) £4,922.
D) £4,600.

Correct Answer:

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