Q.

The present value of a Rs. 100 payable one year from today its

A. Rs. 100
B. Rs. 105 if the interest rate is 5%
C. Rs. 110 if the interest rate is 10%
D. Rs. 95 if the interest rate is 5%
E. None of the above
Answer» D. Rs. 95 if the interest rate is 5%
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